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Webull Stock Drops 8.56% Despite Strong Q1 Revenue and User Growth
Webull Stock Drops 8.56% Despite Strong Q1 Revenue and User Growth
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Webull Corporation (NASDAQ: BULL) shares fell sharply by 8.56% to $12.34 in afternoon trading on May 23, 2025, despite reporting robust first-quarter results. The fintech platform posted a 32% year-over-year revenue increase to $117.4 million, with trading-related revenue surging 52%. Net income swung to a $12.9 million profit from a $12.6 million loss in the prior-year period.
Customer assets grew 45% to $12.6 billion, while the user base expanded to 24.1 million accounts. Funded accounts reached 4.7 million, demonstrating continued platform adoption. The market’s negative reaction contrasts with fundamental improvements across all key metrics, suggesting potential undervaluation or broader sector pressures.
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