Renren (RENN) Volatility Increases On Stonger Volume; Leading China Internet Sector

Renren (NYSE: RENN) shares are rebounding Monday following a slight dip on the session. Shares are moving as its implied volatility up 17 percent and overall option volume is nearly 2.5 times the trailing 10-day average.

Implied volatility is currently 52 percent above its historical average.

Overall share volume is about 23 million, well above the 9 million daily average.

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