Renren shines on US debut; analysts wary
By Chen Limin and Wang Xing | China Daily | Updated: 2011-05-06 07:46
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A Renren Inc banner hangs outside the New York Stock Exchange on Wednesday. Renren, thought of as a Chinese version of Facebook, rose as high as $24 from its issue price of $14 a share. Jin Lee / Bloomberg |
High expectations could be hit by a slowdown in company's growth rate
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