Webull Corp. (NASDAQ:BULL) and Robinhood Markets (NASDAQ:HOOD) stocks climbed Tuesday and into Wednesday as investors cheered a pair of distinct catalysts reshaping the outlook for app-based brokerages: the SEC's decision to scrap the pattern day trader (PDT) rule and mounting optimism around the long-term growth of prediction markets. 

BULL stock is moving. See the chart and price action here.

The move to eliminate the PDT rule removes a key structural friction that had capped intraday activity for retail traders with smaller accounts, while forecasts for explosive prediction-market growth highlight a new, higher-margin product frontier for retail trading platforms.

Scrapped PDT Rules

On the regulatory side, ending the $25,000 PDT equity requirement unlocks greater flexibility for active traders who previously had to ration day trades or upgrade balances to avoid account restrictions. 

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