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PR Newswire (May 13, 2013)
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PR Newswire (Apr 26, 2013)
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PR Newswire (Apr 24, 2013)
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Renren's CEO Discusses Q3 2012 Results - Earnings Call TranscriptFri, Nov 16, 2012
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Renren's CEO Discusses Q2 2012 Results - Earnings Call TranscriptFri, Aug 10, 2012
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PR Newswire (May 13, 2013)
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at MarketWatch.com (May 13, 2013)
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PR Newswire (Apr 26, 2013)
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PR Newswire (Apr 24, 2013)
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PR Newswire (Mar 11, 2013)
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PR Newswire (Feb 26, 2013)
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PR Newswire (Dec 26, 2012)
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PR Newswire (Nov 13, 2012)
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PR Newswire (Nov 2, 2012)
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at CNBC.com (Sep 19, 2012)
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PR Newswire (Sep 11, 2012)
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PR Newswire (Aug 7, 2012)
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PR Newswire (Jul 25, 2012)
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PR Newswire (Jul 24, 2012)
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PR Newswire (Jul 13, 2012)
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PR Newswire (Jun 28, 2012)
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at MarketWatch.com (Jun 26, 2012)
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PR Newswire (Jun 15, 2012)
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at MarketWatch.com (May 18, 2012)
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at MarketWatch.com (May 18, 2012)
RENN vs. ETF Alternatives
Company Description
Currently, there's no company description for RENN.
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, December 26, 2012, 3:57 PM 'Tis the season for covering profitable tech shorts. A slew of beaten-down tech names, many of them with giant short interests, are joining RIM and Chinese solar stocks in closing higher today, even as the NASDAQ finishes lower. GRPN +3.7% RENN +3.6%. SPWR +6.8%. ZNGA +3%. JIVE +2.5%. BIDU +5%. Comment! [Tech, On the Move]
- Monday, December 24, 2012, 12:33 PM Sina (SINA -2.1%), Baidu (BIDU -1.8%), Sohu (SOHU -2.3%), Youku (YOKU -2.4%), and Renren (RENN -1.5%) slump following news a People's Congress committee will decide this week on a law requiring Internet users to register their real names to have Web access. Sina was required earlier this year to implement real-name registration for Weibo, but has admitted it isn't yet able to verify the identities of all posters. The state-run People's Daily has been publishing editorials calling for greater Web regulation. 1 Comment [Tech, On the Move]
- Friday, December 14, 2012, 3:57 PM Chinese tech ADRs are closing with solid gains after the Chinese government ended its $1B limit on share ownership by sovereign wealth funds and central banks, fueling a big rally in Shanghai. It wasn't too long ago the group dived on bad regulatory news. LDK +6.8%. STP +6.8%. YGE +5.1%. TSL +5.1%. SOHU +3.4%. RENN +2.9%. DANG +6.2%. CTRP +5.3%. CYOU +3.8%. 3 Comments [Tech, On the Move]
- Tuesday, December 4, 2012, 10:24 AM Some marquee Chinese Internet stocks are slumping, potentially on worries about the SEC's suits against the Chinese arms of the Big-4 U.S. accounting firms. Baidu (BIDU -5.1%), Sina (SINA -6.6%), Youku Tudou (YOKU -4.2%), Sohu (SOHU -3%), Perfect World (PWRD -1.2%), and NetEase (NTES -4%) are among the losers. Renren (RENN +2.5%) is higher following yesterday afternoon's Deutsche upgrade. 2 Comments [Tech, On the Move]
- Monday, December 3, 2012, 6:17 PM Renren (RENN) +2.2% AH after receiving an upgrade to Hold from Deutsche, which cites valuation. The firm is encouraged by Renren's gaming revenue growth and user adds, and sees its operating loss declining to $44M in 2013 from $91M in 2012 as its investment pace slows down. Renren fell 6.4% in regular trading, making new post-IPO lows along the way. 2 Comments [Tech, On the Move, Quick Ideas]
- Wednesday, November 14, 2012, 9:23 AM Renren (RENN) -5.3% following its Q3 report. Though Q3 EPS beat estimates with the help of stock buybacks, guidance for Q4 revenue of $45M-$47M is below a $51.1M consensus. Gaming sales rose 120% Y/Y and made up nearly half of revenue. But Internet ad sales fell 14% due to competition and the mobile shift. Once hyped as the Facebook of China, Renren is proving just one player is a crowded Chinese social media landscape that includes Sina's Weibo and Tencent's Qzone. (PR) 1 Comment [Tech, Earnings, On the Move]
- Tuesday, November 13, 2012, 6:06 PM Renren (RENN): Q3 EPS of -$0.01 beats by $0.04. Revenue of $50.4M (+47.2% Y/Y) in-line. Shares +2.1% AH. (PR) 1 Comment [Earnings, Tech, On the Move]
- Tuesday, November 13, 2012, 12:10 AM Notable earnings after Tuesday’s close: CSCO, GA, IAG, NKTR, RENN, SVM Comment! [Earnings]
- Monday, November 12, 2012, 5:35 PM Notable earnings after Tuesday’s close: CSCO, GA, IAG, NKTR, RENN, SVM Comment! [Earnings]
- Wednesday, October 31, 2012, 10:22 AM Baidu (BIDU -4.1%) falls in response to the Q4 guidance and earnings call commentary accompanying its Q3 beat. The fact Citi is downgrading shares all the way to Sell from Buy also isn't helping - the firm's target has been cut in half to $95. Piper's Gene Munster is taking comfort in better-than-expected customer ads, and argues Qihoo (QIHU +0.6%), the subject of much recent angst, isn't a major long-term threat. Also lower: SINA -1.8%. SOHU -1.4%. RENN -2.6%. (transcript) Comment! [Tech, On the Move, Quick Ideas]
- Wednesday, October 24, 2012, 9:55 AM Even with a big upcoming lockup expiration, Facebook (FB +21.6%) shorts are rushing to cover following a Q3 beat fueled by growing mobile ad sales, and an upbeat earnings call (I, II) focused on rising monetization. Social networking and mobile ad peers are joining in on the fun: LNKD +5.4%. RENN +4.9%. SINA +2.2% MM +10.7%. VELT +5.4%. Zynga (ZNGA +0.5%) is largely being left out after Facebook noted its Payments revenue share is quickly declining. Zynga announced layoffs yesterday and reports this afternoon. (FB transcript) 5 Comments [Tech, On the Move]
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Wednesday, October 24, 2012, 9:10 AM
Premarket gainers: SEH +62%. FB +26%. RFMD +14%. LL +13%. RENN +11%. POL +10%. DOW +6%. ZNGA +5%. GRPN +5%. MM +6%.
Losers: TPX -21%. NFLX -18%. DSCO -14%. UTHR -12%. INVN -8%. KMT -7%. XOMA -7%. Comment! [On the Move] - Monday, September 24, 2012, 1:17 PM As is often the case, Zynga (ZNGA -7.6%) is falling in sympathy with Facebook. Shares are once more flirting with the $3 level. Some other recent consumer Internet IPOs also aren't faring well. GRPN -3.4%. YELP -4.7%. ANGI -2.6%. Neither, for that matter, is Chinese social networking site Renren (RENN -4.3%). 3 Comments [Tech, On the Move]
- Wednesday, August 8, 2012, 9:36 AM Renren (RENN -5.1%) falls after reporting Q2 revenue of $44.8M (+47.5% Y/Y) and EPS of -$0.06; the latter missed by a penny. Q3 guidance is for revenue of $49M-$51M vs. a consensus of $50.8M. SA's Jiang Zhang likes the 30% Y/Y increase seen in Renren's monthly users and its 122% increase in online gaming revenue, but is concerned about a deceleration in ad revenue growth to 10.5%, which (like Facebook's slowing ad growth) is affected by growing mobile use. Comment! [Tech, Earnings, On the Move]
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Wednesday, August 8, 2012, 9:10 AM
Premarket gainers: WFR +31%. DF +28%. RAX +14%. LAMR +13%. CBB +12%. SODA +8%. CLWR +7%. KTOS +7%. ESRX +6%. HPQ +6%.
Losers: EZCH -21%. GIVN -16%. PCLN -15%. ATRS -9%. ASTM -9%. WCRX -8%. RL -7%. EXAS -5%. RENN -5%. Comment! [On the Move] - Monday, August 6, 2012, 1:22 PM Chinese Internet stocks surge in response to pleasing Q2 reports (I, II, III) from Youku (YOKU +7.6%), Sohu (SOHU +17%), and Changyou (CYOU +16.6%). BIDU +4.3%. SINA +9.7%. RENN +11.4%. PWRD +6.7%. TUDO +8%. Baidu's gains are coming in spite of the company's disclosure that 3 employees were arrested for taking bribes to delete message board posts. 3 Comments [Tech, On the Move]
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ipatricktrevino
FB 's modest IPO washed RENN, but now theres sentiment that these two are joined at the hip, and we'll continue to check our walls on FB Mon - View all 3 replies
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ipatricktrevino: Agree on ZNGA, lots of competition and their games are repetitive. But I like GRPN ppl love a discount ask JC Penny. Eye on Tencent
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ipatricktrevino: Friday could be a huge rebound day which will only boost the IPO and the pop from some of those listed.
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Maria Auziliadora: CROX reported good imo a lillte light for their estimates in 2Q but they are opening so many stores and beat by 5 cents
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LATEST REPLIES
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kevinbwall: I think to shun China, is throwing the baby out with the bath water. Yes, there are accounting frauds, and maybe their regulations are lax. -
Michael Bryant: No, of course don't shun China. But instead of going through smallcaps that may be fraud, why not buy BIDU, CEO, TSL, and CHU.
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kevinbwall: I am in for the long haul, but I have no idea why it went up so much.
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AlphaVolume: facebook IPO talk. funk - stay in the present - "just get to even" is for losers. thats emotional. RENN chart very bullish. no sell.
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Joshua Hayes: It doesn't matter why it is selling off. The real reason. Big money is dumping the stock. That is all you need to know. Big Sellers.
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emburns: No reason to be..upside is 2 dollars why downside is .60 cents. go figure.
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emburns: Short term, looking at a downside of .60-.70 cents... upside more than a couple dollars. Hold on.
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Oceanstats: renn does have backing by Microsoft recently ..going to pump billions into it... -
cn_habs: Analysts surveyed by Bloomberg forecast the company may report declines in profit for the third quarter next week. I'll wait till Nov10 then
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liuyunlang: it is not china's facebook, lack of earning capability, like myspace
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Funkengruven: I believe the Chinese tech stock will see a better day... I'm holding on to the raft.