BTCC / BTCC Square / Global Cryptocurrency /
Webull Stock Drops 8.56% Despite Strong Q1 Revenue and User Growth

Webull Stock Drops 8.56% Despite Strong Q1 Revenue and User Growth

Global Cryptocurrency
Release Time:
2025-05-23 20:57:01
0

Webull Corporation (NASDAQ: BULL) shares fell sharply by 8.56% to $12.34 in afternoon trading on May 23, 2025, despite reporting robust first-quarter results. The fintech platform posted a 32% year-over-year revenue increase to $117.4 million, with trading-related revenue surging 52%. Net income swung to a $12.9 million profit from a $12.6 million loss in the prior-year period.

Customer assets grew 45% to $12.6 billion, while the user base expanded to 24.1 million accounts. Funded accounts reached 4.7 million, demonstrating continued platform adoption. The market’s negative reaction contrasts with fundamental improvements across all key metrics, suggesting potential undervaluation or broader sector pressures.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users