LinkedIn Corp (NYSE:LNKD) shares are falling this afternoon as rumors swirl that an activist hedge fund has sold the stock.
LinkedIn shares fall 2% as Einhorn takes short position
According to a report by John Seward in Benzinga, shares dropped as much as 2 percent today as well-known short seller David Einhorn is said to have taken a short position in the stock.
Quoting Einhorn’s letter to investors from last month, the report notes the hedge fund manager said "there are a number of tech stocks caught up in a smaller version of the 1999-2000 Internet bubble and we've created a bubble basket to short them." ...


