Edition:
United States

Renren Inc (RENN.N)

RENN.N on New York Stock Exchange

1.14USD
14 Jun 2019
Change (% chg)

$-0.16 (-12.31%)
Prev Close
$1.30
Open
$1.21
Day's High
$1.21
Day's Low
$0.87
Volume
160,117
Avg. Vol
55,034
52-wk High
$10.20
52-wk Low
$0.87

Latest Key Developments (Source: Significant Developments)

Renren Reports Qtrly Loss Per Share From Cont Ops Was $0.03
Tuesday, 11 Jun 2019 06:00pm EDT 

June 11 (Reuters) - Renren Inc ::RENREN ANNOUNCES UNAUDITED FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 REVENUE FELL 17.6 PERCENT TO $110.4 MILLION.SEES Q2 2019 REVENUE $98 MILLION TO $103 MILLION.QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.03.QTRLY LOSS PER ADS $0.40.  Full Article

Renren Subsidiary Will Offer Private Placement To Certain Renren Shareholders
Monday, 30 Apr 2018 06:00am EDT 

April 30 (Reuters) - Renren Inc ::RENREN ANNOUNCES CASH DIVIDEND, PRIVATE PLACEMENT AND ADOPTION OF SHARE REPURCHASE PLAN.RENREN INC - UPON CLOSING OF PLACEMENT, CO WILL NO LONGER HOLD ANY SHARES OF OPI, OPI WILL BE ENTIRELY OWNED BY PURCHASERS IN PLACEMENT.RENREN INC - OAK PACIFIC INVESTMENT WILL OFFER NEWLY ISSUED ORDINARY SHARES OF OPI IN A PRIVATE PLACEMENT TO THOSE SHAREHOLDERS OF RENREN.RENREN - WILL CONTINUE TO OPERATE SNS BUSINESS, USED AUTO BUSINESS, SAAS BUSINESS, INTENDS TO REMAIN LISTED ON NYSE.RENREN - SHORTLY BEFORE CLOSING OF PRIVATE PLACEMENT, OPI WILL ISSUE A NOTE TO RENREN WITH PRINCIPAL AMOUNT OF $90 MILLION.RENREN INC - NOTE TO BE ISSUED TO CO BY OPI WILL BE SUBORDINATE TO TWO LOANS WITH AN AGGREGATE PRINCIPAL AMOUNT OF $119.3 MILLION.RENREN INC - EXPECTS CASH DIVIDEND TO BE BETWEEN $0.4831 AND $0.6096/ORDINARY SHARE OF CO, OR BETWEEN $7.2465 AND $9.1440/ADS.  Full Article

Renren Announces Acquisition Of U.S. Trucking Social Platform Trucker Path Inc
Friday, 29 Dec 2017 05:00am EST 

Dec 29 (Reuters) - Renren Inc ::RENREN ANNOUNCES ACQUISITION OF U.S. TRUCKING SOCIAL PLATFORM TRUCKER PATH INC..‍HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE 100% OF TRUCKER PATH INC​.  Full Article

Renren Reports Qtrly ‍Net Loss Per Ads $0.33​
Friday, 15 Dec 2017 05:00am EST 

Dec 15 (Reuters) - Renren Inc ::RENREN ANNOUNCES UNAUDITED THIRD QUARTER 2017 FINANCIAL RESULTS AND UPDATES ON PROPOSED TRANSACTION.Q3 REVENUE ROSE 245.3 PERCENT TO $61.8 MILLION.SEES Q4 2017 REVENUE $95 MILLION TO $100 MILLION.SEES Q4 2017 REVENUE UP 367 TO 392 PERCENT.QTRLY ‍NET LOSS PER ADS WAS $0.33​.  Full Article