James Benjamin Worthy sold $453K of BULL

Webull (BULL) will offer crypto perpetual futures, including Bitcoin (BTC), via Kalshi starting November. The contracts will be listed on CFTC-regulated KalshiEX. Webull plans to expand offerings, subject to regulatory approval. Webull shares are up 5% today at $6.20.

Webull (BULL) will offer Bitcoin perpetual futures to its 6M+ clients, partnering with Kalshi, a CFTC-regulated exchange. Launch is set for November 2026, with other crypto assets to follow. Webull's stock saw a positive market reaction, according to research notes.

Webull (BULL) rose 4.2% after analysts called the selloff overdone. Scotiabank upgraded to Outperform, citing minimal business risk. Rosenblatt kept a Buy rating but cut the price target to $12. Both analysts downplayed the impact of a House report on Webull's China ties.

A class action lawsuit alleges Webull (BULL) misled investors about its China operations, claiming the company's SEC filings understated its reliance on China-based personnel and infrastructure. The complaint cites a 2025 registration statement showing 61% of employees were in China. Webull's stock reportedly dropped 19% after a congressional committee found discrepancies in the company's representations.

Webull Corp (BULL) rose 4.7% premarket after Scotiabank upgraded it to Sector Outperform with a $9 target, citing overreaction to regulatory concerns. Rosenblatt maintained a Buy rating, lowering its target to $12. The stock is near its 52-week low of $4.50. Broader market gains and fintech peer recovery also supported the rally.

Webull Corp (BULL) shares rose 4.2% premarket after Scotiabank upgraded it to Sector Outperform with a $9 target. The move follows a 20% drop on Wednesday due to a U.S. House report on its China ties. Scotiabank sees the selloff as overdone, while Rosenblatt cut its target to $12 but kept a Buy rating. Analysts believe regulatory risks are overstated and valuation is attractive.