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  1. Jun 22, 2023 · The Company has retired its prior ticker symbol RENN and will trade under MTBL effective today, June 22, 2023. To learn more, please visit www.moatable.com or contact ir@moatable-inc.com. About...

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  4. Renren Inc ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions.

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    • Reviewing Renren's Transformation
    • Why Did Renren's Share Price Plummet?
    • Why Did Renren's Stock Rally?
    • Is Renren's Stock Still Worth Buying?

    Between 2011 and 2015, Renren's annual revenue plunged from $118 million to $41 million. Its core platform, which was essentially a clone of Facebook, struggled to compete against Tencent's QQ social network and its WeChat messaging app, and Weibo's microblogging platform. However, Renren's revenue rose to $63 million in 2016 after it launched a ne...

    By the end of 2017, Renren's business had stabilized again. But in 2018, Renren sparked an investor revolt when it decided to sell its entire investment portfolio to Oak Pacific Investment -- a company controlled by Renren's CEO, Joseph Chen, and Japanese conglomerateSoftBank (SFTB.Y1.10%)-- at a significant discount. Renren closed the deal in June...

    Renren looks like a zombie company, but a recent legal victory in a New York court brought a stampede of bulls back to its stock. On Oct. 8, Renren agreed to settle a lawsuit with U.S. investors regarding the sale of its investment portfolio to Oak Pacific Investment. Oak Pacific Investment and Joseph Chen will pay out "at least" $300 million -- wh...

    Investors might think it's a good idea to buy Renren right now and wait for the cash payments to flow in. Yet Renren's stock price is already hovering near the midpoint of the rumored per-share payout range. Moreover, the judge hasn't formally approved the settlement, set a final price, or a scheduled the payments yet, and it could take awhile for ...

  6. Apr 28, 2022 · Today it cost $28.99 per share. It's worth around $37 or about 28% more than it cost. I expect a net settlement distributed to current minority shareholders of about $32 per share this year. I...

  7. Here's Why Renren Stock Skyrocketed 80.2% in October. Shares of Renren are now up roughly 455% year to date.

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