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Web -Veb -Vesky stocks take off on the second day of trading after completing the SPAC merger

Anthony Denner, CEO of FO webull, performs during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York, USA, June 1, 2022.

Brendan McDerdia | Reuters

Shares Wind Almost 375%increased on Monday, the second day on the stock trading market, which completed the merger last week with Sk Corte Corp., a special -purpose acquisition company (SPAC).

The rally gives the web -wave almost $ 30 billion.

Webull competes with Marvelous. Charles Swab and electronic trade. The app allows investors to buy and sell stocks and options in individual securities, exchange funds and cryptocurrencies, as well as offers schedules, lists, checking and trade.

The company states that it has more than 23 million registered users and operates in 15 regions worldwide. In addition to the transaction fee, webull has a premium raise with real-time data, which costs $ 40 a year.

Y en Presentation of investors Last month, the company said it expected $ 390.2 million in the 2024 revenue, which will be approximately 2023.

Former Alibaba And Xiaomi Van Ankaan’s head founded Webull in 2016, and he remains the CEO of the company. Investors include cost, Atlantic General and Lightspeed. The app gained popularity during Covid Pandemic when US citizens used incentive to invest, Anthony Denner, Group President and US CEO, said CNBC In 2021. said.

In November, the US House Committee on the Communist Party of China sent the letter to refuse to find out about the company’s connection with China. The company did not immediately respond to a comment request.

Following Space Insider. Next year, the market collapsed when inflation growth and interest rates pulled investors from risky assets. So far this year there were 23 IPO spaces.

Wind – Note Last year, he planned his debut on the market in the second half of 2024.

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