why is canaan stock dropping april 2021

For the readers interested in the stock health of Canaan Inc. (CAN). The company report on April 21, 2021 that FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on … Canaan Inc. (NASDAQ:CAN) went down by -1.48% from its latest closing price compared to the recent 1-year high of $39.10. The company report on March 29, 2021 that Canaan Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on April 12, 2021. Many stocks with tight connections to the cryptocurrency market fell hard in April 2021. In the current trading session, Canaan Inc. (CAN) stock soared by 0.30% to the price of $13.20 at the time of writing. When the transactions were called off in the previous session, Stock hit the highs of $29.42, after setting-off with the price of $28.768. Investors are responding to the company announcing its unaudited financial results for the three months and twelve months ended December 31, 2020. For long-term investors, stocks are a good investment even during periods of the market volatility - a stock market downturn means that many stocks are on sale. The bloom has been fading, with the stock off 18.5% in March. Cryptocurrency mining equipment maker Canaan (NASDAQ: CAN) stock has exploded in 2021 as traders piled into this stock with the surge in Bitcoin (BTC) and cryptocurrency prices. The stock price of Canaan Inc (NASDAQ: CAN) fell by 29.62% today. Canaan Inc. [NASDAQ: CAN] surged by $0.21 during the normal trading session on Monday and reaching a high of $20.40 during the day while it closed the day at $17.61. This is why it happened. — P R Sundar (@PRSundar64) February 23, 2021 The Nasdaq Composite Index is down 3.21 percent as of Feb. 23. Investing in stocks, such as Canaan Inc, is an excellent way to grow wealth. Stocks fall on Friday, but S&P 500 gains 5% in April Published Thu, Apr 29 2021 6:03 PM EDT Updated Fri, Apr 30 2021 4:16 PM EDT Maggie Fitzgerald @mkmfitzgerald The stock price of Canaan Inc (NASDAQ: CAN) fell by 29.62% today. The selling intensified in mid-April after short-seller Scorpion Capital called QuantumScape a "pump … CAN stock closed the previous session at $13.16. While the average trade volume for … Caution With Plug Power Stock May 7, 2021; The CAN stock volume traded today is 2.2 million shares. It is currently valued at $25.93. The company’s stock price has collected -15.14% of loss in the last five trading sessions. Canaan Inc. [NASDAQ: CAN] plunged by -$0.21 during the normal trading session on Tuesday and reaching a high of $12.38 during the day while it closed the day at $12.19. Press Release reported on 03/29/21 that Canaan Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on April 12, 2021. Company’s stock value dipped to $27.25 during the tradin Apple stock (NASDAQ: AAPL) has fallen 14.9 percent in the past month. Unlike bitcoin miners like Marathon Patent Group (NASDAQ: MARA) and Riot Blockchain (NASDAQ: RIOT), Canaan primarily manufactures the hardware including its artificial intelligence (AI) chips and mining rigs.

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