LinkedIn's Lament: P/E Of 1,000 Sours Investors On 50% Growth

Investors this year have treated LinkedIn as a can't-miss goldmine, snapping up the stock on dips, rallies and anything between. Shares surged a whopping 83% in 2013's first four months, creating a stock-market monster with a price-earnings multiple of more than 1,000. It's hard to keep that mania going for long -- as investors found out when the careers-minded social network this afternoon provided its 2013 growth outlook.