|Bid||1.550 x 1000|
|Ask||1.560 x 1100|
|Day's Range||1.5400 - 1.6800|
|52 Week Range||1.2700 - 11.2100|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||2.89|
|Earnings Date||May 14, 2018 - May 18, 2018|
|Forward Dividend & Yield||9.19 (546.88%)|
|1y Target Est||1.70|
Examining Renren Inc’s (NYSE:RENN) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has met or exceed expectations, which Read More...
Renren, which was once heralded as the 'Facebook of China' and later became China's answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren's parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media, according to a statement. As part of the deal, Qianxiang will receive $40 million worth of shares in Beijing Infinities, a $700 million firm that owns one of China's major IT news sites DoNews.
CM Seven Star Acquisition Corporation (“CM7Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Kaixin Auto Group (“Kaixin”), a leading premium used car dealership network in China and its owner, Renren Inc. (“Renren”) (RENN), today announced that each company’s board of directors has unanimously approved a definitive share exchange agreement. Pursuant to this agreement, CM7Star will acquire 100% of the issued and outstanding shares of Kaixin in a transaction valued at approximately $454 million (the “Transaction”).
The big shareholder groups in Renren Inc (NYSE:RENN) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies.Read More...
NEW YORK, NY / ACCESSWIRE / September 12, 2018 / Social media stocks RenRen and Facebook were both in the green on Tuesday. RenRen soared after reporting second quarter financial results. Facebook didn’t have any particular news but a New Yorker article reported that Mark Zuckerberg, CEO of the social media giant, had been coached by Microsoft’s Bill Gates before testifying before Congress.
BEIJING , May 7, 2018 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service (SNS) business, used auto business and SaaS business, ...
BEIJING, April 30, 2018 /PRNewswire/ -- Renren Inc. (RENN) ("Renren"), which operates a social networking service (SNS) business, used auto business and SaaS business, today announced a cash dividend payable by Renren to all shareholders of record of Renren as of 5:00 p.m. Eastern time on May 18, 2018 (the "Record Date"), other than those shareholders who waive the cash dividend in connection with the private placement described below. The amount of the cash dividend will depend on the results of the private placement but Renren expects the cash dividend to be between US$0.4831 and US$0.6096 per ordinary share of Renren, or between US$7.2465 and US$9.1440 per ADS.
MOUNTAIN VIEW, Calif., March 27, 2018 /PRNewswire/ -- Trucker Path, the most popular app for truckers in the U.S. with more than 2 million installations, today announced the launch of an ELD solution to help truckers comply with the deadline for the Department of Transportation's ELD mandate. The easy-to-install device connects with an app to track hours of service and enable truckers to share duty status reports to simplify roadside inspections. "Hundreds of thousands of truckers already use our app to find truck stops, truck parking, weigh stations, fuel, rest areas, truck washes and more," said Sam Bokher, Business Operations Director at Trucker Path.