Canaan Shares Surge as Company Authorizes up to $100M Buyback Program

Canaan Shares Surge as Company Authorizes up to $100M Buyback Program

Canaan’s (CAN) stock surged more than 30% in early trading on Tuesday after the crypto-mining computer manufacturer announced it has approved a program to buy back up to $100 million worth of its shares, after completing its previous $20 million repurchase program last September.

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