Shares of Webull Corp (NASDAQ:BULL) soared on Wednesday on exceptionally high trading volume. The stock saw more than 25 million shares change hands, significantly outpacing its 100-day average volume of approximately 9.9 million shares. Here’s what investors need to know.

Further fueling the momentum is the robust performance of the cryptocurrency market. The success of spot Bitcoin and Ethereum ETFs, which have attracted billions in inflows, has boosted investor sentiment.

Webull investors on Wednesday are likely betting that the booming interest in digital assets will directly benefit platforms like it, which offer crypto trading, by driving higher user engagement and revenue.

What Else: Based on first-quarter results reported in May, the company showcased strong top-line growth, with revenues jumping nearly 32% year-over-year to $117.4 million, despite a reported net loss of six cents per share.

Webull also highlighted significant underlying momentum in that report, with customer assets climbing 45% to $12.6 billion and registered users increasing by 17% to 24.1 million.

BULL Price Action: According to data from Benzinga Pro, Webull shares closed higher by 11.54% to $14.01 on Wednesday. BULL has a 52-week high of $79.56 and a 52-week low of $10.18.

Read Also: Webull Re-Enters Crypto Market With Launch In Brazil

How To Buy BULL Stock

By now, you're likely curious about how to participate in the market for Webull, be it to purchase shares or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

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