Webus International is trading 8.48% up at $29.93, extending its volatile rally after the August 24, 2026 extraordinary shareholder meeting involving a proposed 100-for-1 reverse split and authorization for up to 2 trillion shares.
- The meeting proposal has driven intense speculative interest and dilution concerns.
- Bitcoin is up 1.32% since the prior close and 3.20% over 24 hours, providing additional crypto-sector support but not fully explaining the stock’s larger gain.