StocksMedium•7 October 2026•
1 min read
Webull Stock Plummets 30% Amid US Congressional Investigation
Key Facts
1Webull stock price plunged by over 30% to $5.55 following reports of a new US congressional investigation.
Webull stock price plunged by over 30% to $5.55 following reports of a new US congressional investigation. Invezz reported that the sell-off was triggered by security warnings from a congressional panel regarding risks associated with the company's ties to China.
BULL closed at $7.28 on October 6, 2026, before experiencing a significant decline during the October 7, 2026 session. The investigation into security risks has prompted a sharp market reaction, impacting the brokerage's valuation as regulatory scrutiny intensifies.