ELWS Stock Alert: Why Are Shares of Earlyworks Up 153% Today?

Group 1 - Earlyworks (NASDAQ:ELWS) stock is experiencing a significant increase as it has regained compliance with Nasdaq's minimum bid price requirement, trading above $1 for 20 business days [1][3] - The company adjusted the ratio for its American Depository Shares (ADS), changing from one ADS representing one normal share to one ADS representing five normal shares [2] - As a result of the compliance update, ELWS stock is no longer at risk of delisting, leading to heavy trading activity with over 23 million shares traded, compared to a daily average of 88,000 shares, and a stock price increase of 153.3% [3]