Jan 19, 2026

Canaan (CAN) Stock: Mining Hardware Maker Gets 180 Days to Fix Nasdaq Compliance Issue

TLDR Nasdaq issued Canaan (CAN) a deficiency notice after shares stayed under $1 for 30 straight business days The crypto mining hardware company has until July 13, 2026 to meet the $1 minimum bid price for 10 consecutive days Canaan stock closed at $0.79 Friday, down 63% year-over-year as mining firms pivot to AI computing [...]

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Source: Blockonomi →