Johnson Fistel at 10:40 AM ET. SBS Law at 12:18. Holzer & Holzer at 12:32. Three law firms, three press releases, one Webull.
$BULL is -19.09% on a $3.8B company. The earliest release says the firm is investigating potential securities claims "following congressional report." Every headline uses the word investigation. None of them announces a filed lawsuit.
A plaintiffs'-firm investigation is a recruitment notice. It asks shareholders to get in touch. It is not a finding, a charge or a court filing. The document underneath all three is the congressional report, and the feed does not say what it contains.
For scale, here is cross-stock history on opening gap-downs of 15% or more, price $1 and up. Across 4,223 prior sessions, 54% closed below the open and 45% closed above it, with a median of -1.17%. Neither the panic seller nor the dip buyer gets much support from that.
Read the report, not the three ads for it. Then go walk around the block.