CAN stock news · Canaan
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On Tuesday evening, 12 tech stocks changed a lot, with Locafy jumping up 19%.
NeutralCanaan shares rose 3.76% in Tuesday's after-market session, but the article gives no company update to explain the move. The price change alone does not change what is known about Canaan's business.
Imax could jump over 23%! Check out 10 expert predictions for Wednesday.
Bad for CANBTIG cut Canaan's price target from $3 to $2 even as the analyst kept a Buy rating, which reads as a weaker outlook for Canaan.
Canaan expectations are adjusted by leading Wall Street analysts in anticipation of Q2 earnings.
NeutralCanaan Inc. is expected to report a quarterly loss of 6 cents per share on revenue of $40.92 million in its upcoming Q2 earnings report, following mixed results in Q1 and lower sales guidance.