Why Bitcoin-Related Stock Canaan Is Trading Lower Today
Canaan Inc. (NASDAQ: CAN) shares are trading significantly lower Friday amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Mid-Afternoon Market Update: Dow Rises 40 Points; Meredith Shares Spike Higher
Toward the end of trading Friday, the Dow traded up 0.12% to 34,805 while the NASDAQ fell 0.13% to 15,033.02. The S&P also rose, gaining 0.12% to 4,454.25.
Mid-Day Market Update: Aehr Test Systems Surges Following Q1 Results; Onconova Therapeutics Shares Slide
Midway through trading Friday, the Dow traded down 0.03% to 34,753.87 while the NASDAQ fell 0.45% to 14,984.38. The S&P also fell, dropping 0.10% to 4,444.74.
34 Stocks Moving In Friday’s Mid-Day Session
Gainers
ZIVO Bioscience, Inc. (NASDAQ: ZIVO) shares jumped 76.2% to $6.08.
The Competitive Edge: A Look at Mawson Infrastructure Group’s Operations in Sandersville, Georgia
Photo by Prateek Srivastava on Unsplash
Canaan Plans $20M Share Buyback
High-performance computing solutions provider Canaan Inc’s (NASDAQ:CAN) board approved a $20 million share buyback program worth outstanding ADS,…
Why Bitcoin-Related Stock Canaan Is Falling
Canaan Inc - ADR (NASDAQ: CAN) shares are trading lower by 13.8% at $7.92 after the company reported second-quarter earnings results and issued third-quarter guidance.
Canaan Stock Gains On Strong Q2 Performance, Robust Q3 Outlook
Computing solutions provider Canaan Inc (NASDAQ:CAN) reported second-quarter FY21 revenue growth of 507.3% year-on-year to $167.5 million. A substantial increase in total…
Earnings Scheduled For September 15, 2021
Companies Reporting Before The Bell
• Innate Pharma (NASDAQ:IPHA) is expected to report earnings for its first quarter.
Canaan Names New Auditor
Canaan Inc (NASDAQ:CAN) appointed KPMG Huazhen LLP as its independent auditor, effective September 13, dismissing PricewaterhouseCoopers Zhong Tian LLP. The reports…