Stock Market Today, Oct. 7: Webull Plunges 19% on House China Security Report

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.

Webull (BULL) stock is set for its largest drop in over a year after a House panel reportedly raised concerns about its structural ties to China and handling of customer cash, according to a regulatory filing. The panel's report intensified in October 2025, noting potential risks to billions in American customer capital. BULL stock has declined over 11% this year and nearly 50% in the past 12 months, excluding premarket drops. Retail traders on Stocktwits have mixed reactions to the selloff.