RENN - Renren Inc.
| Previous Close | 1.7100 |
| Open | 1.7100 |
| Bid | 1.8900 x 1300 |
| Ask | 1.9200 x 1300 |
| Day's Range | 1.6900 - 1.9500 |
| 52 Week Range | 1.2700 - 10.3700 |
| Volume | 1,068,483 |
| Avg. Volume | 326,977 |
| Market Cap | 131.091M |
| Beta (3Y Monthly) | 0.12 |
| PE Ratio (TTM) | 4.91 |
| EPS (TTM) | 0.3870 |
| Earnings Date | May 14, 2018 - May 18, 2018 |
| Forward Dividend & Yield | 9.19 (629.28%) |
| Ex-Dividend Date | 2018-06-22 |
| 1y Target Est | 1.70 |
- GlobeNewswire•20 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 Newswire•23 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 Newswire•27 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. ...
- ACCESSWIRE•last month
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.
- ACCESSWIRE•2 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.
- GlobeNewswire•2 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 Newswire•3 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.
- GlobeNewswire•3 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.
- 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...
- TechCrunch•5 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 Newswire•5 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.
- GlobeNewswire•5 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”).
- 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 Fool•7 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.
- ACCESSWIRE•7 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.
- InvestorPlace•7 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 Newswire•7 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 ...
- PR Newswire•8 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 Newswire•9 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 Newswire•9 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 Newswire•10 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 Newswire•10 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 Newswire•11 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 ...
