Renren Still Waiting to Break Out
One of the highflying stocks from a couple of years ago was Renren (RENN). It was supposed to be the Facebook (FB) of China when it IPO'ed on the heels of Youku (YOKU) and Dangdang (DANG), which had recently held successful IPOs.
Of the three, Youku is the only one trading around its offer price. Dangdang and Renren have both stumbled badly....226 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
