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CAN - Canaan Inc.: Tread Carefully
March, 14 2021 03:26 PM
Canaan Inc.
CAN's stock price has had a huge run over the last year, up more than 700%, and the current stock price discounts a lot of favorable future growth. Available financial information is limited for CAN, the CFO departed in February and recent financial performance is not particularly impressive. It is unclear whether this is a cyclical mining company versus a transformational technology company with a long growth runway. For further details see:
Canaan Inc.: Tread Carefully
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