Webull Expands Worldwide As Next-Gen Trading Platform Gains Traction

Webull Corporation (NASDAQ: BULL) shares are trading higher on Thursday as Rosenblatt analyst Chris Brendler initiates coverage with a Buy rating and a price forecast of $19.

What Happened: Webull is ramping up global expansion and a U.S. crypto relaunch while courting active retail traders with low fees, advanced tools, and a top-rated platform.

Also Read: CarMax Stock Hits 52-Week Low After Q2 Earnings – Here’s Why

Brendler notes that Webull spun off its crypto unit in 2023 amid regulatory pressure and has since relaunched in the U.S. He says crypto once made up about 20% of revenue at the prior peak; while he doesn’t expect that mix to return soon, he …

Full story available on Benzinga.com