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VERIFIEDET Markets·negative
US stocks: Webull shares plunge 18% after report flags structural ties to China
AI Summary
- ·Webull shares dropped over 18% after a report highlighted structural ties to China.
- ·The House Select Committee on China raised concerns about the company's reliance on infrastructure subject to Chinese laws.
- ·The report revealed discrepancies between Webull’s marketing and its operational reality.