Why Webull Corporation (BULL) Went Up On Friday

By Angelica Ballesteros | May 02, 2025, 10:24 PM

We recently published a list of What Propelled These 10 Firms’ Double-Digit Gains? In this article, we are going to take a look at where Webull Corporation (NASDAQ:BULL) stands against other Friday's top performers.

The stock market ended the trading week on a strong note, with all major indices clocking in strong gains, as investors cheered better-than-expected non-farm payrolls last month while digesting more corporate earnings results.

The tech-heavy Nasdaq led the rally among all major indices, finishing up by 1.51 percent. The S&P 500 clocked in a 1.47-percent gain, while the Dow Jones grew by 1.39 percent.

Ten companies also mimicked the broader market optimism following impressive earnings performance and an optimistic outlook for the rest of the year. In this article, we have identified the 10 top performers on Friday and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

Why Webull Corporation (BULL) Went Up On Friday?
A financial advisor and their client discussing the merits of wealth management services.

Webull Corporation (NASDAQ:BULL)

Webull Corporation snapped a 12-day losing streak on Friday, jumping 17.87 percent to end at $15.96 each, as investors resorted to bargain-hunting amid its cheap valuation while digesting news of its expanded advisory services through the launch of the BlackRock model portfolio.

“This new offering delivers enhanced investment options, giving US-based investors access to professionally managed, diversified portfolios tailored to a broad range of financial goals and risk profiles through Webull Advisors,” the company said.

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.

Overall, BULL ranks 3rd on our list of Friday's top performers. 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.

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