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RENN Market Currents
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Monday 9:54 AM Facebook (FB -13.2%) tumbles in early trading to $33.20; even after the selloff, the company trades at nearly 23x sales and 75x trailing EPS. Not helping is BTIG's decision to launch coverage at Neutral; in-line with earlier comments, the firm is worried about Facebook's valuation, decelerating growth, and ad monetization issues. Also lower: RENN -8.3%. ZNGA -7.1%. YELP -6.8%. LNKD -6.1%. GRPN -4.8%. SVVC -7.4%. GSVC -10%.
13 Comments[Tech, On the Move]
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Monday 9:10 AM Premarket gainers: CBE +25%. JMBA +12%. RDN +8%. VELT +6%.
Losers: RENN -9%. LOW -6%. [On the Move]
RENN in Focus
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RENN Related Articles
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RENN News
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at MarketWatch.com (Fri, 5:21PM)
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at MarketWatch.com (Fri, 4:49PM)
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at CNBC.com (Fri, 4:00PM)
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at MarketWatch.com (Thu, 6:57PM)
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at CNBC.com (Thu, 4:40PM)
RENN Press Releases and Filings
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PR Newswire (May 14, 2012)
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PR Newswire (May 4, 2012)
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PR Newswire (May 2, 2012)
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PR Newswire (Apr 30, 2012)
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PR Newswire (Apr 11, 2012)
RENN Latest Transcript
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Currently, there are no transcripts for RENN.
RENN Cramer
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RENN Instablog posts
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RENN vs. ETF Alternatives
Company Description
Currently, there's no company description for RENN.
