News headlines about 500.com (NYSE:WBAI) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. 500.com earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.7553643113735 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of 500.com (NYSE WBAI) traded up $0.22 during trading on Thursday, hitting $10.22. 179,601 shares of the stock traded hands, compared to its average volume of 212,161. 500.com has a 1 year low of $8.12 and a 1 year high of $15.70.
Separately, BidaskClub cut shares of 500.com from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st.
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500.com Limited is an online sports lottery service provider in China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers.
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