Webull found to be linked in structural ways with Chinese government - report (BULL:NASDAQ)

Webull (BULL) fell 19.09% to $5.89 after a House panel report raised China-related security concerns, highlighting risks like data access and regulatory scrutiny. Trading volume surged 459% above average. The S&P 500 and Nasdaq Composite both declined slightly, while peers Robinhood (HOOD) and Interactive Brokers (IBKR) also dropped.

Webull (BULL) shares dropped 19% on Wednesday, the worst daily decline in a year, after a US House committee report flagged ties to China's government, raising national security concerns. The stock has fallen 40% over the past month. Webull, a digital investment platform, denied the report's claims, stating they contained inaccuracies. The company has 28.2 million users, with 85% of funded accounts held by US users, according to SEC filings.

Webull Corp (BULL) shares fell 19.37% to $5.87 after a congressional report flagged its China ties as a national security risk. The company's Q2 2026 revenue grew 51% YoY to $198.8M, beating estimates. Analysts have mixed targets, with Compass Point at $12 and Rosenblatt at $15. The stock's 52-week range is $4.50 to $13.25, and its market cap is about $3.93B.

Webull (BULL) stock dropped 20% on Wednesday, its worst day in a year, after US lawmakers reported ties to China's government, raising national security concerns. The stock has fallen 40% over the past month. Webull denied the claims, stating the report contained inaccuracies. The company has 28.2 million users, with 85% of funded accounts held by US users, according to SEC filings.

Webull (BULL) shares fell 20% on Wednesday, heading for the worst day in a year, after a House committee report alleged ties to China's government, raising national security concerns. The stock has dropped 40% in the past month. Webull disputed the report, calling it inaccurate. The company has 28.2 million users, with 85% of funded accounts held by US users, according to SEC filings.

Webull (BULL) shares dropped 20.67% to $5.78 after a congressional report raised national security concerns over its China ties. The report claimed Webull's operations and control are linked to China, despite its U.S. marketing. Webull disputed the findings, stating inaccuracies and that its U.S. business operates independently with domestic data storage.