Following the success of first day of its initial public offering, LinkedIn is continuing the same trend into day two.  Shares of the professional networking website bounced to $94 at the time of closing of New York Stock Exchange, yesterday afternoon. This morning, it began trading at $98 and has reached as high as high as $103.28. The stocks also soared to $122.70 per share at one point, and finally settled at at $94.25 per share. This has brought LinkedIn to a whopping $10 billion market share.

With this massive success, LinkedIn’s IPO has become a big story for the past two days, attracting doomsday talk of another tech bubble.  It’s the prices behind LinkedIn’s IPO that’s been so shocking, soaring to heights the industry hasn’t seen in nearly a decade.  The IPO scene, which spans Groupon to Zynga, is getting quite reminiscent of the last tech bubble, which eventually did “pop.”

LinkedIn introduced its IPO yesterday and got a a popped up rate of 90%+ above the IPO price. The company executives are truly overwhelmed with the kind of response they have received. It’s stocks surged from $47.99 to $92.99 and traded at $83.32 at 10:05 a.m. yesterday morning in New York Stock Exchange composite trading.

Surprisingly, the company anticipated going public at $32 per share before the launch of this IPO. But the great thing is that it finished the day with the highest price as a percentage of earnings of any non-financial company. This is going to be a really good signal for other tech companies who are looking to IPO this year, may be the social media itself.

“We knew this was going to be a super hot IPO and gives us further evidence of the enormous appetite for this wave of next- generation Internet companies,” Paul Bard, director of research at Renaissance Capital LLC, said in an interview with Bloomberg Television. “You are going to see more companies go public that will try to capitalize on this wave of interest.”