May 272011

(Adds closing stock-price data; LinkedIn’s trading performance for the day, in the seventh paragraph.)

Russian search engine Yandex N.V. (YNDX) made good trading gains during its first day of trading Tuesday, rising 55%.

The company’s performance, after pricing above its expected range Monday night, follows the sharp increase seen last week in professional-networking company LinkedIn Corp. (LNKD), which more than doubled on its first day of trading.

Yandex hadn’t been expected to pull off the same kind of first-day pop generated by LinkedIn. Though …

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