Why Webull Corp. (BULL) Crashed On Friday

We recently published a list of 10 Firms That Led Bloodbath Today. In this article, we are going to take a look at where Webull Corp. (NASDAQ:BULL) stands against other Friday’s worst-performing stocks.

Webull Corp. saw its share prices decline by 8.89 percent on Friday to end at $12.30 apiece as investors took profits to take advantage of the prior day’s rally, buoyed by its impressive earnings performance in the first quarter of the year.

During the period, Webull Corp. (NASDAQ:BULL) narrowed its net loss attributable to shareholders by 99 percent to $8.6 million from $1.1 billion registered in the same period last year.

Revenues, on the other hand, grew by 31.6 percent to $117 million from $88.9 million year-on-year.

Why Webull Corp. (BULL) Crashed On Friday

A close up of a man signing off on a loan document, showing the company’s commitment to providing financial services.

In a statement, Webull Corp. (NASDAQ:BULL) President Anthony Denier attributed the strong performance to the significant accounting and trading volume growth during the period.

For his part, CFO Hai Chen Wang said: “We continue to see strong account growth as our global teams execute on our strategy in 2025 to address and meet the long-term investing needs of individual investors around the world.”

Overall, BULL ranks 9th on our list of Friday’s worst-performing stocks. While we acknowledge the potential of BULL, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than BULL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.