Why Shares of 500.com Limited Popped 75% Today

What happened Shares of 500.com Limited (NYSE: WBAI) jumped as much as 75% in trading on Tuesday after announcing an acquisition and as Bitcoin (CRYPTO: BTC) briefly climbed to over $50,000. Shares settled at a 38.9% gain as of 3:20 p.m. EDT.Read MoreMarketsMarkets Feed

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