We recently published a list of Why These 10 Companies Were Heavily Sold Down. In this article, we are going to take a look at where Webull Corporation (NASDAQ:BULL) stands against other companies that were heavily sold down.
Wall Street’s main indices finished stronger on Tuesday, buoyed by the influx of more corporate earnings results.
The Dow Jones grew by 0.75 percent, the S&P 500 rose by 0.58 percent, and the Nasdaq was up by 0.55 percent.
Despite the wider market optimism, 10 companies managed to register declines, predominantly due to investors exercising caution coupled with companies’ dismal earnings performance during the past quarter.
In this article, we have identified Tuesday’s 10 worst-performing stocks and detailed the reasons behind their drop.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
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kritchanut / 123RF Stock Photo
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.
Overall, BULL ranks 5th on our list of companies that were heavily sold down. While we acknowledge the potential of BULL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BULL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.