Webull takes breather after 375% rally on second trading day
ReutersApr 15, 2025 5:08 PM
Trading platform Webull's BULL.O shares plunge as much as 32.8%; last down 25.9% at $46.63
Stock closed up 374.7% at $62.90 on Monday - BULL's second trading day after completing its $7.3 billion merger with blank-check firm SK Growth Opportunities Corporation
About 37 million BULL shares changed hands on Monday, according to data compiled by LSEG
BULL had a $29.6 billion market capital, as of last close on Monday
Founded in 2016 by Alibaba veteran Anquan Wang, BULL's trading platform allows users to invest in stocks, exchange traded funds, cryptocurrencies and more
St. Petersburg, Florida-based BULL caters to more than 23 million users globally
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