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RENN News and Press, Renren Inc. American Depositary Shares each representing fifteen Class A From 12/09/21

Stock Information

Company Name: Renren Inc. American Depositary Shares each representing fifteen Class A
Stock Symbol: RENN
Market: NYSE

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RENN - Renren plunges after judge denies motion over settlement in derivative litigation

Renren (NYSE:RENN) plummeted 50% after a New York judge denied a motion over a $300M settlement over derivative litigation. Judge Andrew Borrok was holding the hearing over a teleconference. In October, Renren rallies on Reid Collins' $300M settlement in derivative litigation. Devel...

RENN - Renren Inc. to Hold Annual General Meeting on December 17, 2021

Renren Inc. to Hold Annual General Meeting on December 17, 2021 PR Newswire PHOENIX, Ariz., Nov. 4, 2021 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the " Company "), today announced that it will hold its Annual General Meeting of Shareh...

RENN - Here's Why Renren Stock Skyrocketed 80.2% in October

Shares of Renren (NYSE: RENN) gained roughly 80.2% in October, according to data from S&P Global Market Intelligence . The Cayman Islands-based company's stock skyrocketed after terms were announced for the settlement of lawsuits alleging fraud and breaches of financial duti...

RENN - Renren In Search Of Identity As Its Stock Surges On Lawsuit Settlement

A 45% surge in shares of Renren, once pegged as the ‘Facebook of China,’ earlier this month was fueled by settlement of a shareholder lawsuit. Despite a $600 million market value after the jump, company is still in search of a long-term business model. In trying to s...

RENN - Shares of Renren Inc. American Depositary Shares each representing fifteen Class A (RENN) Have Risen Above Previous 52-Week High

Renren Inc. American Depositary Shares each representing fifteen Class A (NYSE:RENN) traded today at a new 52-week high of $26.55. Approximately 145,000 shares have changed hands today, as compared to an average 30-day volume of 385,000 shares. Renren Inc operates as a used automobile bu...

RENN - Why Is Everyone Talking About Renren Stock?

Renren (NYSE: RENN) , the Chinese social networking company once heralded as the " Facebook of China," sold most of its core businesses over the past three years. Its stock plunged from about $30 per share to penny stock territory, then finally dropped below $1 as the pandemic s...

RENN - Is it too late to buy Renren stock on Monday?

Renren Inc. (NYSE: RENN) stock closed soared higher on Friday and hit a new 52-week high of $25.57. Renren’s payment of at least $300 million to resolve a shareholder lawsuit in which corporate executives were accused of usurping the firm’s billion-dollar investment portfo...

RENN - 3 Stocks to Avoid This Week

I've been picking stocks to avoid every week, and I fared pretty well last time. My three stocks to avoid last week were on the move -- up 3%, down 16%, and flat -- averaging out to a 3.3% decrease. The S&P 500 rose 0.8% for the week, a relative victory for me and my bearish...

RENN - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks and U.S. Treasurys fell Friday after a weak jobs report added to speculation about the Federal Reserve's plan to taper its bond-buying...

RENN - Hot Stocks: Another oil rally; RENN rises on settlement; CCXI approval; ALLO clinical hold; NKTX delayed data

While stocks finished fractionally lower on Friday after a disappointing payroll report, oil prices continued their steady climb, driving to a multi-year high. This powered stocks in the sector, with APA Corp. (NASDAQ:APA), Pioneer Natural Resources (NYSE:PXD), Hess Corp. (NYSE:HES) and EOG R...

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