Renren Inc., which operates the leading online social network in China with 117 million users, priced its 53.1 million ADS IPO at $14, the high end of the revised $12-$14 range, Wednesday morning. The company had originally planned to sell its shares at $9-$11. Renren plans to list on the NYSE on Wednesday under the symbol RENN. Morgan Stanley, Deutsche Bank Securities, and Credit Suisse acted as lead managers on the deal.
