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Webull soars after strong Nasdaq debut

ReutersApr 14, 2025 10:48 AM

Trading platform Webull's BULL.O shares vault 167% to $35.33 in premarket trading

BULL closed up 10.2% at $13.25 on Friday in Nasdaq debut after completing merger with blank-check firm SK Growth Opportunities Corporation

About 3.9 million BULL shares changed hands on Friday, per data compiled by LSEG

BULL has ~471.1 million outstanding shares for $6.24 billion market cap as of last close, per LSEG

On track to add over $10 billion to BULL's market cap, if gains hold

Founded in 2016 by Alibaba veteran Anquan Wang, BULL's trading platform allows users to invest in stocks, exchange traded funds, cryptocurrencies and more

BULL launched in the U.S. in 2018 and has since expanded to 15 regions covering Asia Pacific, Europe and Latin America

St. Petersburg, Florida-based BULL caters to more than 23 million users globally

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