Webull is trading 9.4% up at $9.45 in after-hours trading after reporting record second-quarter revenue and adjusted profit.
- Revenue reached $198.8 million, up 51% year over year, with $62.6 million in adjusted operating profit and $43.2 million in adjusted net income.
- Management cited record trading activity following the Pattern Day Trader Rule’s removal.
- Bitcoin rose 6.25% and Ethereum 10.42%, though Webull’s move exceeded both.