China Ties Create Risk After This Stock's Eye-Popping Nasdaq Debut
1. Webull shares surged 375% post-SPAC merger, valuing it at $30 billion. 2. Company's U.S. revenue is overshadowed by significant ties to China. 3. Webull faced scrutiny over data security from U.S. authorities. 4. Economic conditions may hinder Webull's revenue growth amid rising competition. 5. High valuation multiples suggest potential downside for Webull stock.