Why Webull Corporation (BULL) Went Up On Friday

From Yahoo Finance: 2025-05-02 22:24:00

The stock market had a strong end to the week, with major indices posting gains after positive non-farm payrolls and corporate earnings reports. The Nasdaq rose by 1.51%, the S&P 500 by 1.47%, and the Dow Jones by 1.39%. Additionally, 10 companies saw gains due to impressive earnings and positive outlooks.

Webull Corporation (BULL) ended a 12-day losing streak by jumping 17.87% on Friday to $15.96 per share. This was attributed to bargain-hunting and news of expanded advisory services through the BlackRock model portfolio, offering investors professionally managed portfolios tailored to different financial goals and risk profiles.

Following its merger with SK Growth Opportunities and Nasdaq debut on April 11, Webull Corporation (BULL) has been making waves in the financial services industry. Competing with companies like Robinhood Markets Inc. and Charles Schwab Corp., BULL ranked 3rd on the list of Friday’s top performers, showing promise as an investment but AI stocks may offer higher returns in a shorter time frame.



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