Overview

• Webull shares, trading under the ticker 'BULL' on Nasdaq, surged between 300% and 480% in their first trading days, reaching an intraday high of $79.56.
• The company finalized its SPAC merger with SK Growth Opportunities last week, pivoting from its delayed IPO plans due to 2022 market instability.
• Founded in 2016 by Wang Anquan, Webull now boasts 4.3 million funded accounts, $8.2 billion in assets, and 20 million global users.
• The $30 billion market cap positions Webull as a major fintech player, competing with platforms like Robinhood and eToro.
• This dramatic stock surge reflects renewed investor interest in fintech, despite a cooling SPAC market with declining merger activity.