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Webull (NASDAQ:BULL) Shares Gap Down - Here's Why

Webull logo with Finance background

Shares of Webull Corporation (NASDAQ:BULL - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $16.89, but opened at $15.44. Webull shares last traded at $15.66, with a volume of 6,572,922 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Webull from a "hold" rating to a "sell" rating in a research report on Saturday, June 14th.

Read Our Latest Stock Report on BULL

Webull Stock Performance

The company's fifty day moving average price is $12.32. The company has a market capitalization of $7.41 billion, a PE ratio of 100.38 and a beta of -0.19.

Webull (NASDAQ:BULL - Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $117.37 million for the quarter.

Webull Company Profile

(Get Free Report)

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.

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