LinkedIn Corp LNKD 1.68% capped off a horrendous week with a 43.6 percent decline on Friday after a major earnings miss spooked the market. Unfortunately, CNBC analyst Jim Cramer believes that the stock’s freefall may not be over yet.

“You have a stock in free-fall where sellers will take it as low as they want because they don’t have any way to value it anymore,” Cramer explained.

LinkedIn’s Q1 2016 earnings guidance of $0.55/share on revenue of $820 million came in well short of consensus expectations of $0.74 EPS on $866 million in revenue.

Cramer said that the market selling pressure on high-growth stocks may not yet be at an end.

“Many individual stocks were annihilated beyond all reason, just laid to waste, and maybe they still haven’t found a bottom.”

Perhaps LinkedIn shareholders can take…

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