Raffaele De Vita opened the scoring after just 14 minutes, turning home Kyel Reid’s cross from 12 yards.
However, Wolves showed their title credentials by staging an impressive comeback.
James Henry restored parity for the visitors, superbly beating Jon McLaughin from long range. Henry then turned provider, crossing for Richard Stearman who sent a crashing header into the back of the net to secure all three points.
Macauley Bonne headed a fairytale winner for Colchester on his 18th birthday to secure his side a shock 1-0 win over 10-man Peterborough for whom Lee Tomlin was sent off.
Teenage substitute Bonne headed in with 21 minutes to go on his home debut, to seal Colchester their first win in 12 league games..
Leading striker Lisbie took is tally to 12 for the season when he pounced in the 27th minute to give the home side a deserved lead.
Harry Maguire's first-half brace helped give new Sheffield United manager Nigel Clough a dream start as the Blades beat fellow strugglers Crewe 3-1 at Bramall Lane.
The 20-year-old defender twice headed home unmarked in the opening half an hour before Ryan Flynn sealed the three points before Alex substitute Max Clayton grabbed a late consolation goal.
A second-half hat-trick by Jay Emmanuel-Thomas helped earn Bristol City their first win of the season, ending Carlisle's improved run with a 4-2 success at Brunton Park.
Carlisle led at half-time through a Sean O'Hanlon header, but Thomas scored twice inside a minute after the break and Scott Wagstaff added a third. Although Liam Noble pulled one back for the home side, Thomas was again on target for City to make sure of the victory in the closing minutes.
Franck Moussa's second-half strike gave Coventry a narrow 1-0 win over midlands neighbours Walsall at the Banks's Stadium.
The game's lone goal came in the 54th minute when Saddlers goalkeeper Richard O'Donnell saved a header from Leon Clarke following Carl Baker's corner, only for Moussa to pounce and flick home the rebound for his seventh goal of the season.
Brentford strengthened their place near the top with a 1-0 victory over Shrewsbury thanks to an early strike from Marcello Trotta, as did Preston who struck late through Iain Hume to snatch a 1-0 win at Notts County.
James Rowe netted a late winner and Ryan Lowe a vital double as Tranmere came from behind to record their first home league win of the season with a 3-2 victory over MK Dons.
Stevenage recorded consecutive league wins for the first time this season as goals from Peter Hartley and Michael Doughty secured a hard-fought 2-0 win over Crawley.
Danny Philliskirk headed the winning goal as Oldham snatched a deserved 2-1 victory over Swindon and substitute Tom Pope headed his sixth goal of the campaign to give Port Vale a deserved 2-1 victory over Gillingham.