Stock Market Today, Oct. 7: Webull Plunges 19% on House China Security Report

Webull stock plummeted 19% after a House panel report raised security concerns about the company's ties to China, including that 62% of employees reside in China and 90% of sales come from the U.S. The report prompted calls for further regulatory review. Despite strong 51% sales growth, the stock has fallen 56% since its 2025 IPO.