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Is BULL a good stock to buy? We came across a bullish thesis on Webull Corporation on The Diversified Fins Analyst’s Substack. In this article, we will summarize the bulls’ thesis on BULL. Webull Corporation’s share was trading at $7.02 as of April 21st. BULL’s trailing and forward P/E were 53.35 and 28.09 respectively according to Yahoo […]
Webull’s stock rose 1.3% Tuesday morning after the brokerage firm said its board of directors had approved plans to repurchase up to $100 million of shares over the coming 12 months. The stock repurchase announcement “demonstrates our confidence in Webull’s long-term outlook, financial position, and growth prospects,” said Anthony Denier, Group President and U.S. Chief Executive Officer of Webull. Webull’s stock has taken a beating since then and is down about 70% over the past 12 months.