Look Out Below: Bitcoin Mining Stock Canaan Just Dropped 16%. Here's Why.

Key Points Despite strong orders for its latest-generation Bitcoin mining machines, Canaan stock remains on shaky footing. Investors appear to be bemoaning the company's current fundamentals, which are far from positive. Analysts do appear to remain mixed on the company's outlook, but is there enough good news for investors to latch onto? 10 stocks we like better than Canaan › Canaan (NASDAQ: CAN) is among the leading Bitcoin mining-related stocks and it's been hard to digest, partly due to a very ...