Webull shares rise on the second trading day after the completion of the Spac merge

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Anthony Dnir, CEO of Webul, speaks during an interview on CNBC on the New York Stock Exchange (NYSE) in New York City, United States, June 1, 2022.

Brendan McDdided Reuters

shares Webull Nearly 375 % increased on Monday, the second day in the market for stock trading application, which completed its merger last week with SK Growth Forts Corp, a special acquisition company (SPAC).

Rally Webull gives the maximum market the market up to about 30 billion dollars.

Webul competes with Robinhoodand Charles Schwab And e -commerce. The application allows investors to buy and sell stocks and options in individual securities, and the boxes circulating on the stock exchange and cryptocurrencies, and it provides plans, monitoring lists, examination tools and paper circulation.

The company says it has more than 23 million registered users and operates in 15 regions worldwide. In addition to imposing fees on fees on deals, webul has a distinct category with actual time data costing $ 40 annually.

in Investor offer Last month, the company said it expected $ 390.2 million in 2024, which will be almost flat from 2023.

former Ali Baba Wang Aquan founded the director of Xiaomi Wang AQUAN in 2016, and the CEO of the global company is still. Investors include a coat, the Atlantic General and light. The application gained popularity during the Covid’s pandemic, where American citizens used an investment stimulus examination, Anthony Dynier, president of the company and CEO of the United States, CNBC said In 2021, webull users are “more intellectually” than Robinhood, denier He said.

In November Send a message To deny inquiries about the company’s relationships with China. The company did not immediately respond to a request for comment.

It reached its peak in the emergence of empty companies such as SK growth opportunities in 2021, with 613 subscription subscriptions, according to the subscription, according to the subscription. Spac Insider. The market collapsed in the following year, as high inflation and high interest rates prompted investors to get out of risky assets. So far this year, there have been 23 of the general subscriptions of bacteria.

Webull He said Last year, it was planning for the first time in the market in the second half of 2024.

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