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Webull's Q2 performance highlights robust options trading volume, impressive customer retention, and heightened trading activity.

MarketRead the original at benzinga.com
Good for BULL

Webull reported a 51% year-over-year revenue increase and a record operating profit, indicating strong business performance.

BULL · Webull Corporation

AI read · Good for BULL

The AI's read

Webull crushed Q2: EPS $0.12 vs $0.03 est, revenue +51% to $198.83M, record adjusted operating profit and big jumps in options and equity volumes. Customer assets and funded accounts surged, so the business beat on both top and bottom lines. The market already reacted, running roughly +21.8% premarket, so a lot of the immediate upside is priced in. RSI sits at 44.71, not overheated, which means follow-through is possible but not guaranteed. We lean bullish because the beat is broad and trading/activity metrics moved the needle. Given the big pop, expect smaller position sizing and watch next-quarter volume and retention for confirmation.

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