Webull stock jumps after record trading volume drives record Q2 revenue
Webull (BULL) stock rose 9.3% after hours following record Q2 revenue of $198.8M, up 51% year-over-year, driven by surging trading volumes. Adjusted operating profit reached $62.6M with a 31.5% margin, beating analyst estimates. Customer assets under management grew 79% to $28.5B, while equity and options volumes also saw significant increases.
