- 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.
Kratos Secures $20M International Drone Contract
Kratos Defense & Security Solutions, Inc’s (NASDAQ:KTOS) Kratos Unmanned Systems Division received a $20 million contract award from an international customer…
