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Webull Stock: 2 Reasons to Buy, 4 Reasons to Sell
This commission-free brokerage still looks like a flimsy investment.
Webull (NASDAQ: BULL) went public by merging with a special purpose acquisition company (SPAC) on April 11. The online brokerage's stock started trading at $16 that Friday, but it soared to a record closing price of $62.90 the following Monday.
After that dizzying rally, Webull's stock pulled back to around $23. Let's review Webull's business model and see if it's the right time to buy or sell its volatile shares.
Image source: Getty Images.
