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Here's Why Canaan Stock Skyrocketed 40.3% Last Month

TheMotleyFool

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Here's Why Canaan Stock Skyrocketed 40.3% Last Month

Shares of Canaan (NASDAQ: CAN) gained 40.3% in October, according to data from S&P Global Market Intelligence. The cryptocurrency mining stock surged in conjunction with strong positive momentum for Bitcoin (CRYPTO: BTC).