Crypto
Crypto mining hardware maker Canaan faces Nasdaq delisting risk
Cryptocurrency mining hardware maker Canaan has received a delisting warning from Nasdaq, Cointelegraph reported on Jan. 19. The stock has fallen 63 percent over the past 12 months and has traded below $1 at the close for 30 days, violating Nasdaq rules. Nasdaq granted Canaan a 180-day compliance period. The company is considering steps including seeking an extension and a reverse stock split.
