RENN - Renren Inc.

NYSE - NYSE Delayed Price. Currency in USD
1.9200
+0.1000 (+5.49%)
At close: 4:02PM EDT

2.0000 +0.08 (4.17%)
Pre-Market: 4:58AM EDT

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Previous Close1.8200
Open1.8300
Bid0.0000 x 4000
Ask2.0200 x 4000
Day's Range1.8000 - 2.0200
52 Week Range1.2700 - 10.3700
Volume930,541
Avg. Volume351,759
Market Cap132.471M
Beta (3Y Monthly)0.12
PE Ratio (TTM)4.96
EPS (TTM)0.3870
Earnings DateMay 14, 2018 - May 18, 2018
Forward Dividend & Yield9.19 (629.28%)
Ex-Dividend Date2018-06-22
1y Target Est1.70
Trade prices are not sourced from all markets
  • GlobeNewswire23 days ago

    CM Seven Star Announces date for Annual Meeting of Shareholders

    CM Seven Star Acquisition Corporation, (“CM Seven Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (NYSE: RENN), which operates a used car business and SaaS business, today announced that CM Seven Star’s annual meeting will be held on April 24, 2019. At this meeting, holders of the ordinary shares of CM Seven Star will be asked to approve the share exchange agreement, dated as of November 2, 2018, by and among CM Seven Star, Kaixin Auto Group (“Kaixin”) and Renren, and other related proposals.

  • PR Newswire26 days ago

    Renren Announces Unaudited Third Quarter 2018 Financial Results

    BEIJING , March 29, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a used auto business and SaaS business, today announced its unaudited financial ...

  • PR Newswire29 days ago

    Renren Appoints Michael McGowan as Vice President of Sales for Chime Technologies

    BEIJING , March 25, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), which operates a used auto business and SaaS business, today announced the appointment of Michael J McGowan, Jr. ...

  • ACCESSWIRE2 months ago

    Social Networking, Used Cars and SaaS are driving Renren's Growth and One of These Segments is Huge

    NEW YORK, NY / ACCESSWIRE / March 8, 2019 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Renren Inc. (RENN) a company that operates a social networking service (SNS) business, used auto business and SaaS business. Recent corporate moves by the company may indicate a shift toward supporting their largest business segment and a consolidation of their operations. The company's social networking business called Renren, which means "everyone" in Chinese, enables users to connect and communicate with each other, share photos and access mobile live streaming.

  • ACCESSWIRE2 months ago

    Four Tech Stocks To Watch on Wednesday

    CORAL GABLES, FL / ACCESSWIRE / March 6, 2019 / The tech stock market has been a hotbed of exciting conversation during the last few months as a result of word spreading about tech companies taking innovative approaches to create new technologies for the betterment of humankind. Stemming from the belief that consumers deserve to live life to the best of their ability, these tech companies have pioneered technological advancements in the areas of augmented reality, cloud computing, and countless others. ParcelPal Technology Inc (PTNYF) (PKG), Seelos Therapeutics Inc (SEEL), Renren Inc (RENN), and Ohr Pharmaceutical Inc (OHRP) represent 4 tech stocks on the rise on Wednesday.

  • GlobeNewswire2 months ago

    Report: Exploring Fundamental Drivers Behind Iamgold, Malibu Boats, Renren, 58, Neos Therapeutics, and Kimball Electronics — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • PR Newswire3 months ago

    Renren-Owned Kaixin Auto Group Enters into a Convertible Loan Agreement with Kunlun Tech Limited for $23 million

    BEIJING, Jan. 29, 2019 /PRNewswire/ -- Renren Inc. (RENN) ("Renren") today announced that on January 28, 2019, Kaixin Auto Group ("Kaixin"), a leading premium used car dealership network in China owned by Renren, entered into a convertible loan agreement with Kunlun Tech Limited ("Kunlun"), a Hong Kong company owned by Beijing Kunlun Tech Co., Ltd. (Shenzhen Stock Exchange: 300418), pursuant to which Kunlun has agreed to fund, subject to customary closing conditions, a $23 million convertible loan to Kaixin (the "Loan"), with interest payable at the rate stipulated by the People's Bank of China. The first tranche of the Loan, in the amount of $20 million, was funded on January 28, 2019, and the remaining $3 million is to be funded on or before January 31, 2020.

  • GlobeNewswire3 months ago

    CM Seven Star Acquisition Corporation Extends Period to Complete Business Combination with Renren Inc.’s Kaixin Auto Group, a Transaction Valued at Approximately $454 million

    CM Seven Star Acquisition Corporation (“CM7Star” or the “Company”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, today announced that it received a notice from its sponsor, Shareholder Value Fund (the “Sponsor”), to extend the time required for the Company to complete its proposed business combination with Kaixin Auto Group (“Kaixin”), a leading premium used car dealership network in China owned by, Renren Inc. (“Renren”) (RENN) for an additional three-months, ending April 30, 2019. Promptly after delivering the notice, the Sponsor, or its designees, and Kaixin deposited an aggregate amount of approximately $2.1 million, representing $0.10 per public share, into the Company’s trust account pursuant to the terms of the investment management trust agreement entered into by the Company at the time of the Company’s initial public offering and pursuant to the terms of the definitive share exchange agreement previously entered into by the Company and Kaixin.

  • With A -16% Earnings Drop, Did Renren Inc (NYSE:RENN) Really Underperform?
    Simply Wall St.5 months ago

    With A -16% Earnings Drop, Did Renren Inc (NYSE:RENN) Really Underperform?

    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...

  • The forgotten 'Facebook of China' is sold for $20M
    TechCrunch5 months ago

    The forgotten 'Facebook of China' is sold for $20M

    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.

  • PR Newswire5 months ago

    Renren Announces Disposal of All Assets in its Renren Social Networking Service Business to Beijing Infinities

    A minority shareholder of the Buyer is Oak Pacific Holdings, a company controlled by Mr. Joseph Chen, Renren's Chairman and Chief Executive Officer, and Mr. James Jian Liu, Renren's executive director and Chief Operating Officer. This asset sale transaction was discussed and approved by the audit committee of Renren's board of directors, which considered the background and material terms of this transaction as well as the result of a fairness analysis conducted by Duff & Phelps, LLC, and was submitted to and approved by Renren's board of directors.

  • GlobeNewswire6 months ago

    CM Seven Star Acquisition Corporation and Renren Inc.’s Kaixin Auto Group to Combine in All-Stock Transaction Valued at Approximately $454 million

    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”).

  • Shareholders Should Check If Insiders Own Shares In Renren Inc (NYSE:RENN)
    Simply Wall St.7 months ago

    Shareholders Should Check If Insiders Own Shares In Renren Inc (NYSE:RENN)

    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...

  • Motley Fool7 months ago

    This Stock's 58% Pop on Tuesday Could Be a Trap

    Used-car sales, and not social networking, are behind the wheel when it comes to driving all of Renren's growth these days.

  • ACCESSWIRE7 months ago

    Today’s Research Reports on Stocks to Watch: RenRen and Facebook

    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.

  • Renren Stock Skyrockets on Q2 Earnings Results
    InvestorPlace7 months ago

    Renren Stock Skyrockets on Q2 Earnings Results

    The positive increase for earnings per share in the second quarter of 2018 was good news for Renren stock. During the second quarter of 2018, Renren reported net income of $166.12 million. Renren’s operating loss for the second quarter of the year came in at $3.02 million.

  • PR Newswire7 months ago

    Renren Announces Unaudited Second Quarter 2018 Financial Results

    BEIJING , Sept. 11, 2018 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service (SNS) business, used auto business and SaaS ...

  • Trucker Path Teams with Goodyear
    PR Newswire8 months ago

    Trucker Path Teams with Goodyear

    PHOENIX, Aug. 9, 2018 /PRNewswire/ -- Trucker Path, the most popular app in the U.S. for over the road drivers, is now giving its members direct access to roadside service provided by Goodyear Commercial Tire & Service Center (CTSC) locations. By working together, Trucker Path and Goodyear CTSC locations are able to offer a high level of support to drivers in the event that a tire-related issue occurs on the road, getting trucks back on the road quickly. Trucker Path members can easily utilize a "click-to-call" feature within the app that connects them directly to Goodyear roadside service, which is provided by nearly 200 Goodyear Commercial Tire & Service Centers from coast to coast.

  • PR Newswire9 months ago

    Renren Announces Change in Board of Directors

    BEIJING, July 27, 2018 /PRNewswire/ -- Renren Inc. (RENN) ("Renren" or the "Company"), which operates a social networking service (SNS) business, used auto business and SaaS business, today announced that Mr. David K. Chao has resigned from the Company's Board of Directors, effective close of business on July 26, 2018. "On behalf of the Board of Directors, we would like to thank Mr. Chao for his valuable contributions to Renren over the years. "I have enjoyed working with Joe and the team at Renren for the last twelve years.

  • PR Newswire9 months ago

    Chime Technologies Announces Appointment of Gina Kaegi as Vice President of Marketing

    PHOENIX, July 13, 2018 /PRNewswire/ -- Chime Technologies, an operating system for the real estate industry, announced today that it has hired Gina Kaegi as Vice President of Marketing. Chime is a subsidiary of Renren Inc. (RENN) ("Renren"), which operates a social networking service (SNS) business, used car business and SaaS business. "We are delighted to have Gina Kaegi join our management team at Renren," said Joseph Chen, Renren's chairman and chief executive officer.

  • PR Newswire10 months ago

    Renren Announces Unaudited First Quarter 2018 Financial Results and Update on Potential Financial Impact of the Transaction Announced on April 30, 2018

    BEIJING , June 19, 2018 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service (SNS) business, used auto business and SaaS ...

  • PR Newswire10 months ago

    Renren Announces Results of Cash Dividend and Private Placement

    BEIJING, June 15, 2018 /PRNewswire/ -- Renren Inc. (RENN) ("Renren"), which operates a social networking service (SNS) business, used car business and SaaS business, today announced the results of the cash dividend and private placement previously announced on April 30, 2018. Renren will pay a cash dividend of US$0.6125 per ordinary share of Renren, or US$9.1875 per ADS, to all shareholders of Renren as of 5:00 p.m. Eastern time on June 14, 2018, other than those shareholders who have waived the cash dividend in connection with the private placement.

  • PR Newswire11 months ago

    Renren Announces the Appointment of Chief Business Officer of Trucker Path Inc.

    BEIJING , June 5, 2018 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), which operates a social networking service (SNS) business, used auto business and SaaS business, today announced the ...