Bazaar Updates
Closed · opens Mon 09:00 IST
Manage your watchlist and alerts here. Voting and comments need desktop.
Press ? for shortcuts
Report
Be the first to vote

US stocks: Webull shares plunge 18% after report flags structural ties to China ↗

Webull shares fell by more than 18% following a report connecting the platform to the Chinese government. The House Select Committee on China revealed discrepancies between Webull’s marketing and its operational reality. Concerns were raised about the company’s reliance on infrastructure subject to Chinese laws. Analysts expressed uncertainty about the regulatory implications affecting the stock's performance. This scrutiny reflects growing apprehension in Washington regarding Chinese involvement in critical US sectors.

From The Economic Times Markets

Read full story ↗

2 sources

  1. The Economic Times Markets · 7 Oct, 20:48 IST
  2. The Economic Times Markets · 7 Oct, 20:48 IST

Open on desktop to take part.

0 comments

Comments are posted by users and are not reviewed by Bazaar Updates.

Open on desktop to take part.

No comments yet.