Renren (NYSE: RENN)
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Renren Returns vs. S&P
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Renren Company Info
Renren Inc operates social networking internet platform in China. Its platform enables its users to connect & communicate with each other share information & user-generated content play online games listen to music shop for deals etc.
News & Analysis
Shares of Renren are now up roughly 455% year to date.
This former "Facebook of China" just soared to a three-year high. What's up?
Used-car sales, and not social networking, are behind the wheel when it comes to driving all of Renren's growth these days.
After climbing an incredible 75% since the start of the year, on word it was the next company to announce an ICO, Renren is giving back some of its gains.
The Chinese social media company's stock got a double-digit haircut last month but still trades up roughly 20% in 2017.
Are things finally turning around for this Chinese social media company?
Why did investors abandon social network Renren and data center company 21Vianet?
The Chinese social media site got crushed last year -- even though its addressable market is booming and its rivals are thriving.
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