Webull News & Analysis

Webull Stock Drops 18% Amid Congressional China Concerns

Webull, a trading platform, experienced a significant stock price drop following the release of a U.S. House panel report. The report highlighted concerns regarding Webull's ties to China, suggesting potential national security risks. These findings resulted in a sharp decline, with the stock dropping by as much as 22% according to some reports, marking the stock's worst performance in a year according to Yahoo Finance. CNBC noted a drop of 18% over the same period.