Tuesday, June 21, 2011

Social Networking Stock Trading Alert; Renren Inc. (NYSE: RENN) Trading at $7.73, up 0.70 (9.96%)

POINT ROBERTS, Wash., June 20, 2011 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research including tech stocks issues a trading alert for social networking stock, Renren Inc. (NYSE: RENN). The stock is trading at $7.73, up 0.70 (9.96%), with a day high of $8.07.
The Company's first quarter earnings will be announced after the market closes today.
Renren Inc. (NYSE:RENN) operates the leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, listen to music, shop for deals and enjoy a wide range of other features and services. Renren's platform includes the main social networking website Renren.com, the online games center game.Renren.com, the social commerce website nuomi.com, and the newly launched professional and business social networking service website jingwei.com. It had approximately 117 million activated users as of March 31, 2011.
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