Big Gain For Canaan Inc.
Canaan Inc. (CAN:NASDAQ) jumped higher at $5.93, a gain of 35.4%. On Wed 30 Dec 20, CAN:NASDAQ hit a New 2-Week High of $4.38. The stock got featured on our News Catalysts scanner on Sun 20 Dec 20 at 09:19 PM in the 'EARNINGS' category. From Wed 16 Dec 20, the stock recorded 44.44% Up Days and 30.00% Green Days
The stock spiked on Wed 25 Nov 20 at $7.26 with a volume of 20M+, and its share price has been moving sideways in recent weeks.
About Canaan Inc. (CAN:NASDAQ)
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The equipment manufactured by Canaan is sold to many countries including China, the United States, Hong Kong, and other foreign countries. It derives a vast majority of the revenue from China. Its product includes Kanzhi Al and Avalon Mining Machine.
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