RENN - Renren Inc.
| Previous Close | 1.7600 |
| Open | 1.7000 |
| Bid | 0.00 x 1800 |
| Ask | 1.84 x 2900 |
| Day's Range | 1.7000 - 1.8200 |
| 52 Week Range | 1.2700 - 11.4500 |
| Volume | 135,163 |
| Avg. Volume | 118,288 |
| Market Cap | 122.812M |
| Beta (3Y Monthly) | 0.24 |
| PE Ratio (TTM) | 3.31 |
| EPS (TTM) | 0.54 |
| Earnings Date | May 14, 2018 - May 18, 2018 |
| Forward Dividend & Yield | 9.19 (546.88%) |
| Ex-Dividend Date | 2018-06-22 |
| 1y Target Est | 10.60 |
- Simply Wall St.•2 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•2 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•2 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•2 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.•4 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•4 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•4 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•4 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•4 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•5 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•6 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•6 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•7 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•7 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•8 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 ...
- PR Newswire•8 months ago
Renren Announces Filing of Annual Report on Form 20-F
BEIJING , May 14, 2018 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), which operates a social networking service (SNS) business, used auto business and SaaS business, today announced the ...
- Simply Wall St.•8 months ago
What You Must Know About Renren Inc’s (NYSE:RENN) Financial Strength
Renren Inc (NYSE:RENN) is a small-cap stock with a market capitalization of US$605.78M. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they endRead More...
- PR Newswire•8 months ago
Renren Announces New Record Date for Cash Dividend
BEIJING, May 14, 2018 /PRNewswire/ -- Renren Inc. (RENN) ("Renren"), which operates a social networking service (SNS) business, used auto business and SaaS business, today announced a new record date and cash payment date for the cash dividend that it previously announced on April 30, 2018. The record date for the cash dividend will now be after the acceptance deadline for the private placement. The record date will be 5:00 p.m. Eastern time on June 14, 2018.
- PR Newswire•8 months ago
Renren Announces Unaudited Fourth Quarter and Fiscal Year 2017 Financial Results
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, ...
- PR Newswire•9 months ago
Renren Announces Cash Dividend, Private Placement and Adoption of Share Repurchase Plan
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.
- PR Newswire•10 months ago
Trucker Path Rolls Out Electronic Logging Device (ELD) to Help Users Comply with Mandate
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.
