Ediets.com share price sheds some of previous day's gains

Share price of Ediets.com Inc. (DIET) declined about 20 percent in Wednesday intraday trade, as it shed some gains made the previous day.

On Tuesday, Ediets.com’s share price had jumped over 40 percent to close at $2.60, part of a broader trend on that day of rising prices of fitness and dieting stocks. The stock was trading at $2.10 at 3:05 PM ET.