Recap: Canaan Q2 Earnings
Canaan (NASDAQ:CAN) reported its Q2 earnings results on Thursday, August 18, 2022 at 04:45 AM.
Here's what investors need to know about the announcement.
Earnings Scheduled For August 18, 2022
Companies Reporting Before The Bell
• Calliditas Therapeutics (NASDAQ:CALT) is expected to report quarterly loss at $1.00 per share on revenue of $7.50 million.
5 Value Stocks To Watch In The Technology Sector
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Why Bitcoin-Related Stock Canaan Is Diving Lower Monday
Canaan Inc - ADR (NASDAQ: CAN) shares are trading lower by 5.22% to $3.72 during Monday's trading session.
Latest Bitcoin Meltdown Pressures Chinese Crypto Companies
Key Takeaways:
Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period
Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise price
Canaan Announces The Repurchase of Over 4.72M Outstanding Warrants for Approximately $6.61M
Canaan Inc. Announces The Repurchase of Over 4.72 Million Outstanding Warrants for Approximately US$6.61 Million
BEIJING, June 23, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the
70 Stocks Moving In Monday’s Mid-Day Session
Gainers
Day One Biopharmaceuticals, Inc. (NASDAQ: DAWN) shares jumped 110% to $13.93 after the company announced initial data from the pivotal FIREFLY-1 trial of tovorafenib in relapsed pediatric low-grade glioma showed an overall response rate of 64%.
30 Stocks Moving in Monday’s Pre-Market Session
Gainers
G Medical Innovations Holdings Ltd (NASDAQ: GMVD) rose 53.6% to $0.5301 in pre-market trading after dropping more than 28% on Friday.
Canaan Registers Upbeat Q1; Aims To Navigate Through Bitcoin Price Fluctuation
Canaan Inc (NASDAQ:CAN) reported first-quarter FY22 revenue growth of 236.7% year-on-year to $213.9 million. Earnings per ADS were $0.41. The Y/Y…