Bullish stock surged 10% after securing a key New York license, clearing the way for US market entry. With licenses in Hong Kong and Germany, the company reported $57 million in Q2 revenue and anticipates US expansion. Analysts raised price targets, citing growth potential and regulatory strength. The stock now trades 60% above its IPO price of $37. Bullish, which withdrew from a SPAC merger in 2021, joins other crypto firms like Gemini, Circle, and eToro in going public this year, with a market perform rating and $60 price target.
Read more at Yahoo Finance: Bullish stock jumps 10% as key approval paves way for crypto exchange US expansion
