Webull Corp poised for growth after PDT rule change
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2020
0mins
Source: SeekingAlpha
Webull Corp's stock has hit a 20-day low amid broader market declines, with the Nasdaq-100 down 0.35% and the S&P 500 down 0.59%.
The recent removal of the PDT rules is expected to significantly boost trading activity, with Webull projected to see a 20% increase in transaction volume. Analysts estimate a target price of $12 for Webull, indicating a potential upside of 93%, positioning the company favorably in the brokerage sector.
This regulatory change could enhance Webull's market position, attracting more retail traders and increasing overall trading volumes, which may positively impact its stock performance in the near future.
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Analyst Views on BULL
Wall Street analysts forecast BULL stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 7.120
Low
15.00
Averages
16.50
High
18.00
Current: 7.120
Low
15.00
Averages
16.50
High
18.00
About BULL
Webull Corporation is a digital investment platform built upon a next-generation global infrastructure. The Company’s platform allows its customers to invest in United States (U.S.) listed stocks, exchange-traded funds (ETFs), as well as American Depository Receipts. It offers fractional share trading for U.S.-listed stocks and ETFs on its Webull App, which allows its customers to invest in fractions of a share of a stock or ETF instead of buying or selling whole shares. It also offers trading in multiple-listed stock options, ETFs, and index options. It offers cash sweep products to its customers, allowing them to earn interest on uninvested brokerage cash that the Company sweeps to its partner banks. It provides robo-advisor services through Webull Advisors LLC. It also provides retirement investment accounts and portfolio management tools for long-term investors. It offers seamless interoperability for clients investing through mobile, tablet, Web-based, and desktop devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Positive Market Reaction: Following the announcement, BitGo's stock surged about 15%, reflecting optimistic sentiment among investors regarding the company's future prospects, with retail sentiment shifting from 'bearish' to 'bullish'.
- Clear Funding Source: BitGo stated it will fund the repurchases using existing cash and cash equivalents, and does not expect the program to impact the capital positions of its regulated subsidiaries, ensuring financial stability.
- Industry Trend: The introduction of this repurchase program aligns with similar buyback activities across the crypto sector, indicating a growing attractiveness of digital asset infrastructure companies and increasing investor interest in their future growth potential.
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- Active Options Trading: Day traders engaged in call options trading at three times the usual volume, particularly for short-dated calls at $6 and $6.50 strike prices, indicating bullish sentiment regarding the stock's continued rise.
- Regulatory Policy Impact: FINRA's new intraday margin rules, effective June 4, eliminated the $25,000 minimum equity requirement for day trading, which is expected to increase Webull's daily transaction volume by at least 20%, further driving revenue growth.
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- Phased Rollout Plan: Currently, the service is available to select U.S. customers, with a full rollout to all IRA accounts expected shortly, thereby expanding its user base and market reach.
- Portfolio Diversification: IRA customers can access professionally managed mutual funds directly within the Webull platform, allowing for diversified portfolios that cater to various investor needs.
- Retirement Investment Support: The newly launched mutual funds will support investors in contributing to retirement accounts, rolling over retirement assets, and better planning for long-term financial goals.
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- Portfolio Diversification: The newly launched mutual funds allow IRA customers to access professionally managed investment products directly within the Webull platform, helping investors build more diversified portfolios to meet various financial goals.
- Streamlined Investment Experience: According to Lindsay Ryan, Head of U.S. Products, this expansion will enable investors to more easily manage their retirement savings through a single platform, simplifying long-term financial planning and enhancing customer experience.
- Future Development: Currently, mutual funds are in beta testing for select U.S. customers, with a full rollout expected soon, and the fund lineup will continue to expand with new funds and CUSIPs to provide a broader range of investment options.
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- Portfolio Diversification: The newly launched mutual funds allow IRA customers to access professionally managed portfolios directly within the Webull platform, helping investors easily diversify their portfolios and thereby enhancing their ability to achieve long-term financial goals.
- No-Load Mutual Funds: The offering includes no-load mutual fund options designed to provide greater flexibility for retirement investors, supporting them in holding mutual fund positions within their retirement accounts and improving investment flexibility.
- Future Development: The mutual funds are currently in beta testing for select U.S. customers, with a full rollout to all IRA accounts expected soon, and the fund lineup will continue to expand to meet investors' demand for diversified investment options.
See More
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See More
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- Share Repurchase Program: BitGo has announced a $50 million share repurchase program, which will cover approximately 8% of its Class A common stock, demonstrating the company's confidence in its long-term value despite increasing market volatility.
- Positive Market Reaction: Following the announcement, BitGo's stock surged about 15%, reflecting optimistic sentiment among investors regarding the company's future prospects, with retail sentiment shifting from 'bearish' to 'bullish'.
- Clear Funding Source: BitGo stated it will fund the repurchases using existing cash and cash equivalents, and does not expect the program to impact the capital positions of its regulated subsidiaries, ensuring financial stability.
- Industry Trend: The introduction of this repurchase program aligns with similar buyback activities across the crypto sector, indicating a growing attractiveness of digital asset infrastructure companies and increasing investor interest in their future growth potential.
See More
Webull Shares Surge Amid Heavy Call Options Activity
- Significant Price Surge: Webull's shares soared by as much as 14% today, reaching $6.12 per share with a market cap of $2.9 billion, reflecting strong market confidence in its future performance.
- Active Options Trading: Day traders engaged in call options trading at three times the usual volume, particularly for short-dated calls at $6 and $6.50 strike prices, indicating bullish sentiment regarding the stock's continued rise.
- Regulatory Policy Impact: FINRA's new intraday margin rules, effective June 4, eliminated the $25,000 minimum equity requirement for day trading, which is expected to increase Webull's daily transaction volume by at least 20%, further driving revenue growth.
- Positive Market Reaction: Although the surge in options activity was not directly caused by the new rules, traders' reactions have placed Webull in the spotlight among active traders, potentially boosting future trading activity and revenue growth.
See More
Webull Launches Mutual Funds for IRA Expansion
- Mutual Fund Launch: Webull is introducing mutual funds for U.S. users' IRAs, aiming to provide investors with more professional investment options and enhance the diversity of its long-term investing and retirement solutions.
- Phased Rollout Plan: Currently, the service is available to select U.S. customers, with a full rollout to all IRA accounts expected shortly, thereby expanding its user base and market reach.
- Portfolio Diversification: IRA customers can access professionally managed mutual funds directly within the Webull platform, allowing for diversified portfolios that cater to various investor needs.
- Retirement Investment Support: The newly launched mutual funds will support investors in contributing to retirement accounts, rolling over retirement assets, and better planning for long-term financial goals.
See More
Webull Launches Mutual Funds for IRA Accounts
- Product Expansion: On June 5, 2026, Webull announced the launch of mutual funds for IRA accounts, aiming to provide U.S. users with more long-term investing and retirement solutions, thereby enriching its investment product offerings.
- Portfolio Diversification: The newly launched mutual funds allow IRA customers to access professionally managed investment products directly within the Webull platform, helping investors build more diversified portfolios to meet various financial goals.
- Streamlined Investment Experience: According to Lindsay Ryan, Head of U.S. Products, this expansion will enable investors to more easily manage their retirement savings through a single platform, simplifying long-term financial planning and enhancing customer experience.
- Future Development: Currently, mutual funds are in beta testing for select U.S. customers, with a full rollout expected soon, and the fund lineup will continue to expand with new funds and CUSIPs to provide a broader range of investment options.
See More
Webull Launches Mutual Funds for IRA Accounts
- Product Expansion: On June 5, 2026, Webull announced the launch of mutual funds for IRA accounts, further enriching its suite of long-term investing and retirement solutions aimed at meeting diverse investment needs of U.S. users and enhancing customer investment experience.
- Portfolio Diversification: The newly launched mutual funds allow IRA customers to access professionally managed portfolios directly within the Webull platform, helping investors easily diversify their portfolios and thereby enhancing their ability to achieve long-term financial goals.
- No-Load Mutual Funds: The offering includes no-load mutual fund options designed to provide greater flexibility for retirement investors, supporting them in holding mutual fund positions within their retirement accounts and improving investment flexibility.
- Future Development: The mutual funds are currently in beta testing for select U.S. customers, with a full rollout to all IRA accounts expected soon, and the fund lineup will continue to expand to meet investors' demand for diversified investment options.
See More
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- PDT Rule Change Impact: The cancellation of the Pattern Day Trader (PDT) rule on Thursday allows investors using margin accounts to avoid maintaining a minimum of $25,000 in equity, which is expected to boost retail trading activity, with Webull anticipating at least a 20% increase in transaction volume over time.
- SpaceX IPO Catalyst: The upcoming IPO of SpaceX has generated significant interest in brokerage firms like Robinhood, SoFi, and E*Trade, which are expected to offer eligible retail investors access to shares, as historically high-profile IPOs tend to attract new customers and increase trading activity.
- Robinhood Market Performance: Despite HOOD's stock dropping over 6% this week, Robinhood is actively promoting the PDT rule change by removing PDT flags from customer accounts, allowing users to trade without day-trading limits, which could potentially draw in more participants.
- Retail Sentiment Analysis: On Stocktwits, retail sentiment for HOOD and SOFI is deemed 'bullish', while BULL is in 'bearish' territory, indicating market optimism regarding HOOD's potential in the upcoming SpaceX IPO.
See More
