Webull's Q4 profit declines, stock price drops 3% pre-market

Investing.com – Webull Financial LLC (NASDAQ:BULL) stock price fell 3% pre-market on Thursday to $5.89, after the trading platform announced a decline in Q4 profits.

The company’s net profit for the fourth quarter was $14.6 million, down 2% from $14.9 million in the same period last year.

Webull attributed the decline in net profit to increased marketing and branding expenses during the quarter.

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