Why Canaan's Shares Popped 18.3% Today

·1-min read
Why Canaan's Shares Popped 18.3% Today

James Jin Cheng will immediately replace Tong He, who will remain the company's Director of Finance. The CFO news is notable but doesn't normally move a stock this significantly. If the price of Bitcoin continues to move higher in general, it'll be good for companies like Canaan.

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