Webull Gains 12% of Yong Rong's Portfolio with $38.85M Bet

Friday, Jan 30, 2026 4:58 pm ET1min read
BULL--

Yong Rong Asset Management disclosed a new position in Webull Corporation, acquiring 5 million shares for $38.85 million, accounting for 11.78% of the fund's reportable U.S. equity assets. This significant allocation suggests a bullish view on Webull Corporation's potential for growth and mispriced upside, despite its recent challenges in the retail brokerage and fintech sectors.

Webull Gains 12% of Yong Rong's Portfolio with $38.85M Bet

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