TMTPOST -- Webull made its public market debut last week through a long-anticipated SPAC merger—and the stock is now soaring. Shares surged as much as 500% on Monday, hitting $79.56 after closing at $13.25 on Friday. The digital trading platform completed its merger with special-purpose acquisition company SK Growth Opportunities, capping off a years-long effort to go public. Webull had initially considered an IPO during the market frenzy of 2021, when meme stocks and unprofitable tech names dominated. However, the market downturn in 2022 forced the company to shelve those plans—until now.