Shares of Yandex, a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.
The debut of Yandex defied already lofty expectations, coming on the heels of the initial public offering of LinkedIn, the professional networking site whose shares more than doubled on their first day of trading.
To read the full, original article click on this link: Yandex's Surge on Debut Stirs More Talk of Tech Bubble - NYTimes.com
Author: ANDREW KRAMER and EVELYN M. RUSLI
