January 14, 2015 (Chinavestor) Chart of the day: 500.com Ltd. (NYSE:WBAI) displayed extreme volatility for the last three days. The stock surged from $15.20 Monday to $20.29 this morning. That is 33.5% advance this week alone! Volume was also two to three times over average.
But then came this afternoon. Share price of 500.com Ltd. (NYSE:WBAI) fell $.99 or 5.20% for the day on Wednesday. This decline made WBAI one of the fastest declining Chinese stock of the day. Other notable losers on Wednesday include E-House Holding (NYSE:EJ) and Home Inns & Hotels Management (NASDAQ:HMIN) with 4.18% and 3.93% decline, respectively.