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home / news releases / CAN - Why Canaan Stock Plummeted 32.9% in May

CAN - Why Canaan Stock Plummeted 32.9% in May

Canaan Inc.

Shares of Canaan (NASDAQ: CAN) sank 32.9% in May, according to data from S&P Global Market Intelligence . The crypto mining specialist's stock fell in response to a sell-off for Bitcoin and moves from the Chinese government to limit cryptocurrency mining and adoption in the country.

CAN data by YCharts

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Why Canaan Stock Plummeted 32.9% in May
Stock Information
Company Name: Canaan Inc.
Stock Symbol: CAN
Market: NASDAQ
Website: canaan-creative.com
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