Why Webull Corp. (BULL) Crashed On Friday
From Yahoo Finance: 2025-05-24 06:13:00
Webull Corp. (BULL) saw its share prices drop by 8.89% on Friday, closing at $12.30 per share as investors took profits following a previous day’s rally fueled by strong Q1 earnings. The company reduced its net loss by 99% to $8.6 million and revenues grew by 31.6% to $117 million year-on-year.
President Anthony Denier credited Webull Corp.’s strong performance to significant accounting and trading volume growth, while CFO Hai Chen Wang highlighted continued account growth aligning with their 2025 strategy. Despite ranking 9th on the list of Friday’s worst-performing stocks, some believe other AI stocks offer higher returns with less downside risk.
For more insights on AI stocks, check out the list of the “20 Best AI Stocks To Buy Now” and “30 Best Stocks to Buy Now According to Billionaires” on Insider Monkey’s website.
Read more at Yahoo Finance: Why Webull Corp. (BULL) Crashed On Friday