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.
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