Two Sigma Advisers Reduces $951K in Canaan Inc. ($CAN)
Key Points
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Two Sigma Advisers reduced its position in Canaan Inc. ($CAN), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Canaan Inc. after selling 3,312,100 shares during the quarter.
Canaan Inc. Stock Down 24.5%
Shares of Canaan Inc. ($CAN) traded around $0.29 on Saturday, down 24.5% for the day.
Canaan Inc. Earnings
Analysts Set New Price Targets
About Canaan Inc.
Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
Get Canaan Inc. alerts
New 13F filings, insider trades, and analyst moves on $CAN, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.