VOTE: Will RenRen IPO Ignite A Social Media Rally?

Facebook executives insist that the company doesn’t plan to go public anytime soon, if ever, but many firms that do business with the social network have registered stock offerings with the U.S. Securities and Exchange Commission.

By virtue of preceding a host of other social media IPOs, the U.S. stock market debut of China’s leading social network RenRen on May 4, will likely set the tone for how subsequent deals will fare.

The prospectus filed with the SEC indicates that 53.1 million American Depositary Recepts, representing 159.3 million shares, will open between $9 and $11. From there, the stock’s performance may reflect investors’ opinions of the prospects for Facebook’s overseas competitor. The shares movements both on opening day and longer term could also inform Facebook’s stance on whether and to go public.

With that in mind, we’re curious to know how you think RenRen’s stock will perform on opening day and thereafter. After you vote in our poll, please let us know your rationale in the comments section — and be sure to check back to see what other readers think.

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