Tech Takeover: How Social Media Fares on Wall Street

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  • Zynga
  • FriendFinder
  • Pandora
  • Groupon
  • RenRen
  • Twitter Tweets to the Top
  • Twitter
  • Facebook
  • LinkedIn

RenRen

Chinese social media company RenRen became the first social media company to list on NYSE in 2011. At its opening, RenRen shares soared almost 40 percent from $14 to $19.50, raising $740 million. But by 2013, the Chinese “Facebook” had fallen 80 percent since its IPO debut. RenRen is still plummeting with shares at just $3.28, as of closing Nov. 8.

(Photo: RenRen)

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