ROSEN, NATIONAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Canaan Inc. – CAN
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces investigation into potential securities claims on behalf of shareholders of Canaan Inc. (NASDAQ: CAN) resulting from allegations that Canaan may have issued materially misleading business information to the investing public.Canaan, a company specializing in Blockchain servers and ASIC microprocessor solutions for use in bitcoin mining, completed its initial public offering in November 2019. Then, on February 20, 2020, after markets closed, an investment analyst operating under the pseudonym Marcus Aurelius published a short report entitled “Canaan Fodder” claiming, among other things, that Canaan was engaged in several undisclosed related-party transactions that lacked economic substance.For example, the report alleges that just one month before Canaan’s IPO, a tiny Hong Kong company named Grandshores announced that it had agreed to purchase up to $150 Million worth of the company’s equipment i
Show less
Read more
Impact Snapshot
Event Time:
CAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAN alerts
High impacting Canaan Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
CAN
News
- Canaan Makes Statement Regarding Shelf Registration Submission [Yahoo! Finance]Yahoo! Finance
- Canaan Makes Statement Regarding Shelf Registration SubmissionPR Newswire
- Canaan Makes Statement Regarding Shelf Registration SubmissionPR Newswire
- Canaan Shines at Blockchain Life 2024 in DubaiPR Newswire
- Canaan Shines at Blockchain Life 2024 in Dubai [Yahoo! Finance]Yahoo! Finance
CAN
Earnings
- 2/27/24 - In-Line
CAN
Sec Filings
- 4/17/24 - Form F-3
- 4/17/24 - Form 20-F
- 2/27/24 - Form 6-K
- CAN's page on the SEC website