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.
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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.
