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Webull upgraded to Buy equivalent at Scotiabank after China-CNBC report selloff
Seeking Alpha ·
Seeking Alpha reports: Webull was trading higher as Scotiabank upgraded the stock to Buy equivalent after China-CNBC report-related selloff. Shares were 4.03% higher at $6.19 during pre-market trading on Friday. A CNBC report said the trading platform is found to be linked in "structural ways" with the Chinese government. The stock closed 19.09% lower at $5.89 on Wednesday. National security concerns around Webull have "escalated" since October 2025, said the bipartisan congressional…