Shares of Earlyworks Co. Ltd. skyrocketed in very active trading Wednesday, after the blockchain-technology company’s co-founders disclosed increased ownership stakes.
The Tokyo-based company’s stock ELWS blasted 416.5% higher toward a seven-month high in morning trading. Volume ballooned to 36.5 million shares, enough to make the stock the most actively traded on major U.S. exchanges. The full-day average volume over the past 30 days was about 323,300 shares.
The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
