Market Movers: Canaan (CAN) Jumps 6.63% to Close at $3.38 June 23

Equities Staff  |

Today, Canaan Inc - ADR (NASDAQ:CAN) rose $0.21 to finish the day Thursday at $3.38.

The company started at $3.26 and shares fluctuated between $3.40 and $3.21 with 1,797,483 shares trading hands.

Canaan is averaging 2,786,266 shares traded over the last 30 days. They have fell 38.45% YTD.

Canaan is set to release earnings on 2022-08-18.

For technical charts, analysis, and more on Canaan visit the company profile.

About Canaan Inc - ADR

Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China's national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world's first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners.

To get more information on Canaan Inc - ADR and to follow the company's latest updates, you can visit the company's profile page here: Canaan Inc - ADR's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Symbol info widget is provided by TradingView based on 15-minute-delayed prices. All other article data is provided by IEX Cloud on 15-minute delayed prices or EOD company info.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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