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Saturday, November 23, 2013

500.com Ltd. (WBAI) began trading on the NYSE on 22 November 2013

The week’s biggest winner was 500.com Ltd. (NYSE: WBAI), another firm based in China, and this one is a service provider for online sports lotteries in the Middle Kingdom. The company priced about 5.8 million shares at $13, and the shares began trading at $20.68 and closed the day at $20.01.


500.com CEO Man San Law celebrates their IPO by ringing the Opening Bell at the New York Stock Exchange on November 22, 2013 in New York City.



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