Online trading platform Webull is set to go public via a $7.3 billion SPAC deal
Publishing timestamp: 2024-02-28 14:40:51
Summary
Webull is planning to go public through merging with a special purpose acquisition company, valuing the digital investing platform at $7.3 billion. The combined company will be listed on Nasdaq as Webull. Webull saw a boost during the Covid-19 pandemic and is known for having more active and advanced investors compared to its competitor Robinhood.
Sentiment: NEUTRAL
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