- High-performance computing solutions provider Canaan Inc’s (NASDAQ:CAN) board approved a $20 million share buyback program worth outstanding ADS, each representing 15 Class A shares over the next 12 months starting from September 20.
- Canaan recently reported Q2 FY21 net earnings per ADS of $0.22.
- Canaan held $189.0 million in cash and equivalents.
- Price Action: CAN shares traded lower by 3.62% at $7.72 in the premarket session on the last check Monday.
Tesla Changes Prices On Electric Vehicles In US Again: Here’s How Much Tesla Model Y, Model 3 Cost Now
Electric vehicle giant Tesla Inc (NASDAQ: TSLA) is no stranger to changing the prices of its EVs based on supply and demand. For the fourth time in two months, Tesla has changed the prices of its electric vehicles in the U.S.