stocks Renren Inc

  • Renren shares rose in their market debut Wednesday after the company priced its initial public offering at the top of an expected range.

  • Strange goings on with hot Chinese IPO RenRen, set to begin trading this morning at the NYSE. I understand that the deal closed and priced this morning (it was supposed to price last night)—53.1 million shares were priced at $14 (about $743 million), above the price talk of $12-$14.