Why Canaan Stock Soared More Than 26% Higher on Thursday

Key Points The company announced that morning it received a monster order from a client. That customer will soon take delivery of more than 50,000 of the equipment maker's Avalon A15 Pro mining rigs. 10 stocks we like better than Canaan › Canaan's (NASDAQ: CAN) shares ended up having quite the explosive week on the market, in the best way possible. Following news Thursday morning that it had been on the receiving end of a very sizable order of the crypto mining equipment in which it specializes, inv ...