Trump's social media company, Truth Social, had a successful stock market debut. Its value surged by 30%, raising over $275 million. Trump's shares are worth billions, but he can't sell them for six months. Some investors see the stock's rise as a sign that Trump may run for president again. However, the company's long-term success depends on its business performance.
Webull, a digital investing platform, is set to go public through a merger with a special purpose acquisition company (SPAC), valuing the company at $7.3 billion. The combined company will trade on Nasdaq as "Webull." Webull has gained popularity with experienced investors who use its analytical tools to make trading decisions, and experienced a surge in users during the pandemic as people began trading stocks.
