![Canaan Stock Tumbles 12% Amid Bearish Momentum](https://via.news/wp-content/uploads/2020/12/wp-apub__negative__-15.jpg)
Canaan Stock Tumbles 12% Amid Bearish Momentum
(VIANEWS) – Canaan (NASDAQ: CAN) shares fell 12.97% at 12:35 EST Thursday morning to EUR1.61, reversing their prior upward trend. Meanwhile, NASDAQ was up 0.31% and EUR15,996.77 had decreased following prior downward movement; so far Canaan stock was up 0.566% on Thursday alone. Canaan last closed at EUR1.85, 47.14% below its 52-week high of EUR3.50….