Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Canaan Inc.

According to the complaint, on April 12, 2021, before the opening of trading, Canaan issued a press release disclosing its actual fourth quarter 2020 and fiscal year 2020 financial results for the period ended December 31, 2020, including a 93% year-over-year decrease in computing power sold and net revenues for the quarter.
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