# Сопутствующие статьи по теме Stock Split

Crypto Hardware Maker Canaan Shares Crater 63%, Nasdaq Issues Delisting Notice

Canaan Inc., a manufacturer of cryptocurrency mining hardware, has received a delisting notice from Nasdaq after its American Depositary Shares (ADS) traded below the $1.00 threshold for 30 consecutive business days. The company now has until July 13, 2026, to regain compliance by maintaining a share price above $1.00 for 10 consecutive trading days. This warning follows a significant 63% drop in its stock price over the past year, driven by weak demand for mining rigs and a market shift toward AI hardware. To address the issue, Canaan may consider a reverse stock split or strategies to improve sales. If compliance is not achieved, the company risks being delisted from the Nasdaq Global Market.

bitcoinist01/20 03:19