Webull shares are trading lower in Thursday's after-hours session after the company reported first-quarter financial results. Here's a rundown of the report.

Webull shares fall despite strong Q2 revenue and return of crypto trading. Equity volume and customer assets hit all-time highs.

Webull's shares recently rallied upon their market debut, but the frenzy has driven up the valuation into perilous territory. Read why BULL is a Strong Sell.