Why These 10 Companies Were Heavily Sold Down

5. Webull Corporation (NASDAQ:BULL)

Webull Corporation extended its losing streak for a 10th consecutive day on Tuesday, as investors continued to book profits and sell off positions amid the lack of fresh catalysts to boost buying appetite.

Webull Corporation (NASDAQ:BULL) debuted on the Nasdaq on April 11 following a merger with SK Growth Opportunities, a special purpose acquisition company (SPAC).

On its second day as a publicly listed firm, the company soared by as much as 375 percent to $62.90 apiece.

Webull Corporation (NASDAQ:BULL), a financial services company, competes with Robinhood Markets Inc., Charles Schwab Corp., and E-Trade.

Earlier this week, Mad Money host and former hedge fund manager Jim Cramer said that Webull Corporation (NASDAQ:BULL) is an “absolutely no.”

“Webull is missing one word after bull. I’m going to say absolutely no to that one,” he said.