analyst predictions

Canaan Stock Could Jump 5x, Analyst Predicts

Canaan Stock Could Jump 5x, Analyst Predicts

Shares of Canaan Inc., a Singapore-based company that’s already on the Nasdaq, could rise at least five times, an analyst predicted. The company, which makes ASIC chips used for mining Bitcoin and is expanding its own self-mining operations, has seen its stock struggle recently. Despite this, even in the midst...