initial public offerings (IPOs) trading on American exchanges

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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