Renren is a holding company. Through its consolidated subsidiaries, variable interest entities (VIEs) and VIEs' subsidiaries, Co. is engaged in the software as a service (SaaS) business, which includes real estate solution provider and a community for the trucking industry in the U.S. Co.'s SaaS businesses include Chime, a client relationship management platform for real estate agents, teams and brokers in the U.S. Chime allows users to import information of potential buyers and sellers from third-party platforms to the Chime platform. Co.'s subsidiary, Trucker Path, Inc., is a transportation network company engaging in online and mobile services for the trucking industry in the U.S. We show 1 historical shares outstanding datapoints in our coverage of RENN's shares outstanding history.
Understanding the changing numbers of RENN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RENN versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RENN by allowing them to research RENN shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
