Webull Corp (BULL) shares are soaring surging by an impressive 249% following a strong performance in its Nasdaq debut last week. The dramatic rise comes after the trading platform completed its merger with blank-check firm SK Growth Opportunities Corporation, marking a successful entry into the public markets.

The stock, which closed up 10.2% at $13.25 on Friday in its initial trading day, is showing no signs of slowing down. Investors are flocking to the newly public company, recognizing its potential in the competitive online trading platform space. Founded in 2016 by Alibaba veteran Anquan Wang, Webull has quickly established itself as a formidable player in the industry, allowing users to invest in stocks, exchange-traded funds, cryptocurrencies, and more.

Webull's rapid expansion and growing user base are likely driving factors behind the stock's meteoric rise. Since launching in the U.S. in 2018, the company has expanded its operations to 15 regions across Asia Pacific, Europe, and Latin America. The St. Petersburg, Florida-based firm now caters to more than 23 million users globally, underscoring its strong market presence and potential for further growth. As the trading session progresses, all eyes will be on Webull to see if it can maintain this extraordinary momentum and what it might mean for the company's future in the competitive fintech landscape.