CANAAN

The company’s shares are trading at a 78.6 percent discount from the IPO price.

The company even cut the prices of its devices by more than half.

The company stocks are trading 64.4 percent lower than the IPO price.

The company raised $90 million in its IPO, selling its stocks at the bottom of its market range.

The RnD team of Canaan will collaborate with teams of Northern Bitcoin.

The pivot happened after a 40 percent dip in the IPO value of the stocks.

With the new chip, the miners will be 7 to 15 percent more efficient than the predecessors.

The product will include swaps, collars, and other structured products.

It was originally rumored to raise up to $400 million for its listing on the Nasdaq under the symbol ...

We sift through the best stories from the past seven days in the world of online trading

In the original filing, the company intended to raise $400 million.

The sale of its machines surged significantly year-on-year.

The company recorded a net loss of $16.7 million in the second half of 2018.

The exchange is seeking to raise $200 million via the public listing.

The firm has made multiple failed attempts to list itself in China and Hong Kong.

The company was reportedly moving for a public listing in the US market.

Canaan is trying to list itself in the US-based stock exchanges.

The exchange is reluctant to list cryptocurrency companies due to the high volatility and current bear market.

The world's second biggest mining company calls the sale a "celebration".

However, cryptocurrency mining is looking less and less like a viable business in the long term.

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