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Why Is Earlyworks (ELWS) Stock Up 80% Today?
Why Is Earlyworks (ELWS) Stock Up 80% Today?

Business Insider

time03-07-2025

  • Business
  • Business Insider

Why Is Earlyworks (ELWS) Stock Up 80% Today?

Earlyworks (ELWS) stock rocketed higher on Wednesday after the blockchain-based technology company revealed plans for an upcoming shareholder meeting. It will hold this meeting on July 24, 2025. The meeting, which will take place in Tokyo, starts at 12 a.m. ET. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Earlyworks has revealed what investors can expect from the meeting, including the business report from the company's seventh year. There will also be matters to vote on during the meeting. This includes the approval of financial statements for the year and a proposal for the election of four directors to the company's board. ELWS stock was up 78.42% as of Wednesday morning, following a 6.15% rally yesterday. However, the shares have dropped 28.57% year-to-date and were down 15.18% over the past 12 months. Investors will note today's rally came with heavy trading, as some 39 million shares changed hands, compared to a three-month daily average of roughly 51,000 units. Is Earlyworks Stock a Buy, Sell, or Hold? Turning to Wall Street, analyst coverage of Earlyworks is lacking. Fortunately, TipRanks' AI analyst Spark has it covered. Spark rates ELWS a Neutral (45) with a $2 price target, suggesting a 5.26% upside for the shares. It cites 'significant losses despite revenue growth' as a reason for this stance.

Earlyworks granted extension to regain compliance with Nasdaq
Earlyworks granted extension to regain compliance with Nasdaq

Business Insider

time27-06-2025

  • Business
  • Business Insider

Earlyworks granted extension to regain compliance with Nasdaq

Earlyworks (ELWS) announced that it has received a decision from the Nasdaq Hearings Panel granting the company an exception to enable continued listing on the Nasdaq Capital Market. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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