Renren (RENN) Moves Higher on Board Changes; Shares Show Increased Volatility
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Renren (NYSE: RENN) shares are rocking higher Wednesday following news it appointed a new director, while a major shareholder left his Audit Committee seat. For more color on the moves, click here.
Shares are up well over 5 percent in early trade. Implied volatility is up 2.7 percent from Tuesday's close and 122 percent better than its historical average.
Shares are up well over 5 percent in early trade. Implied volatility is up 2.7 percent from Tuesday's close and 122 percent better than its historical average.
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