NASDAQ Composite opens in less than five hours and Canaan‘s pre-market value is already 5.92% up.

The last session, NASDAQ Composite ended with Canaan dropping 3.92% to $12.51. NASDAQ Composite dropped 0.85% to $13,962.68, following the last session’s downward trend on what was a somewhat rough trend trading session.

Canaan’s last close was $13.02, 212.55% below its 52-week high of $39.10.

News about Canaan today

Shareholder alert: pomerantz law firm investigates claims on behalf of investors of canaan inc. – CAN. According to today’s article on Business Insider, "On this news, the market price of Canaan ADRs collapsed from their close of $18.67 per ADR on April 9, 2021 to close at $13.14 per ADR on April 12, 2021, a decline of nearly 30%, on unusually high volume of approximately 60 million ADRs trading, more than three times the average daily volume over the preceding ten trading days.", "The investigation concerns whether Canaan and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices."

Canaan’s Revenue

Year-on-year quarterly revenue growth declined by 91.7%, now sitting on 447.69M for the twelve trailing months.

Volatility

Canaan’s last day, last week, and last month’s current volatility was 11.67%, 5.54%, and 7.66%, respectively.

Canaan’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.88% (day), 8.73% (last week), and 13.35% (last month), respectively.

More news about Canaan.

LEAVE A REPLY

Please enter your comment!
Please enter your name here