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Canaan stock surges on strong topline results

Mar. 03, 2022 8:01 AM ETCanaan Inc. (CAN)By: Preeti Singh, SA News Editor1 Comment

Cryptocurrency mining rigs in a data center

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Canaan (NASDAQ:CAN) shares have popped ~17% pre-market after the computer hardware firm reported a strong Q4 performance earlier today.

Total net revenues were RMB2,184.6M ($342.8M), compared to RMB38.2M in the same period of 2020, and RMB1,317.6M in Q321, representing a

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