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Market Overview

Why Is It Moving? Analyzing The Upward Movement in Canaan's Stock Today

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Canaan’s Stock Price And Volume Action

Canaan’s (NASDAQ: CAN) stock is trading up 9.6% to a price of $4.16. Thursday the stock has been traded at a volume of 4.03 million, about 53.78% of its recent 30-day volume average of 7.49 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Canaan shares are trading lower, potentially on continued weakness following Monday earnings.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $2.99 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $8.69 and as low as $1.76.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

 

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