Why Ebang International Stock Jumped 34.5% in February

Keith Noonan, The Motley Fool
·2-min read
Why Ebang International Stock Jumped 34.5% in February

Shares of Ebang International (NASDAQ: EBON) gained 34.5% in February, according to data from S&P Global Market Intelligence. The cryptocurrency company's stock jumped following announcements about the company's cryptocurrency mining chips and new mining businesses. The blockchain technology company published a press release on Feb. 4 announcing that it had completed the design of a chip for simultaneous mining of Dogecoin and Litecoin.