Webull (BULL) Jumps 17% as Firm Rides Crypto Boom

We recently published These 10 Stocks Surprisingly Lead Gains While Wall Street Naps. Webull Corporation (NASDAQ:BULL) is one of this week’s top performers. Webull Corp. jumped for a third straight day on Friday, adding 17.05 percent to close at $16.89 apiece as investors gobbled up shares following plans to reintegrate cryptocurrency trading into its group platform. In a statement, Webull Corporation (NASDAQ:BULL) said the move would support its plans to reintroduce cryptocurrency trading to its global customer base following its launch in Brazil last month. Additional markets are also expected to take place, including making cryptocurrency trading available to its US customers through the Webull app by the end of the third quarter. Photo by Karolina Grabowska: https://www.pexels.com/photo/hands-holding-us-dollar-bills-4968630/ “The improving clarity of cryptocurrency regulations, both in the United States and internationally, underlies our decision to bring crypto trading back to our platform,” Webull Corporation (NASDAQ:BULL) President and CEO Anthony Denier said. “With this consolidation, the company will be better positioned to meet the needs of our customers. We are excited about the evolution of the financial services industry as it begins to adopt blockchain technology, and we’ve already seen great success with our rollout in Brazil. We look forward to tapping additional markets this year,” he added. While we acknowledge the potential of BULL as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.