When a company releases an earnings report, a fundamental reaction is often the most common. As such, good earnings that miss expectations can result in a downgrade of value. If a firm issues an earnings report that does not meet Street expectations, the stock's price will usually drop. 2
Full Answer
Why is the stock market still going up?
Dec 17, 2021 · The sales have two advantages: they raise money to pay his taxes, and also pushes the price of its stock down, reducing his tax exposure somewhat. Obviously, selling some stock makes sense for ...
Why do stocks in either market go up or down?
Apr 14, 2022 · Their forecasts range from $15.00 to $15.00. On average, they expect Canaan's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 265.9% from the stock's current price. View analysts' price targets for Canaan or view top-rated stocks among Wall Street analysts.
Why did my stock stop trading?
Aug 19, 2021 · Some analysts are concerned that the market could be in for a correction – meaning a slump of 10% or more – after the Dow and S&P 500 earlier this week rallied to record highs. Currently, the ...
What to do if your stocks are all falling?
Apr 12, 2021 · Image source: Getty Images. Canaan generated just $5.9 million in revenue in Q4 and only $68.6 million for full-year 2020. Its Q4 revenue was down 82% year over year. However, if there's a silver ...
Why can stock prices drop?
Why do stocks go down suddenly?
Can stocks go down?
Is Canaan creative stock a buy?
Why would a stock drop with no news?
Do I owe money if my stock goes down?
Can stocks come back from zero?
Can stocks go to zero?
When should I sell a losing stock?
Is can a good investment?
Can you get rich off stocks?
Why did Canaan drop?
How has Canaan's stock price been impacted by Coronavirus (COVID-19)?
Canaan's stock was trading at $3.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organizat...
Are investors shorting Canaan?
Canaan saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 5,360,000 shares, a de...
When is Canaan's next earnings date?
Canaan is scheduled to release its next quarterly earnings announcement on Tuesday, June 7th 2022. View our earnings forecast for Canaan .
What guidance has Canaan issued on next quarter's earnings?
Canaan issued an update on its first quarter 2022 earnings guidance on Thursday, March, 10th. The company provided EPS guidance of for the period....
Who are Canaan's key executives?
Canaan's management team includes the following people: Mr. Nangeng Zhang , Chairman & CEO (Age 38) Mr. Quanfu Hong , VP of Fin. & CFO (Age 37...
Who are some of Canaan's key competitors?
Some companies that are related to Canaan include Credo Technology Group (CRDO) , JinkoSolar (JKS) , Canadian Solar (CSIQ) , Himax Technologies...
When did Canaan IPO?
(CAN) raised $100 million in an initial public offering on Thursday, November 21st 2019. The company issued 10,000,000 shares at a price of $9.00-$...
What is Canaan's stock symbol?
Canaan trades on the NASDAQ under the ticker symbol "CAN."
Who are Canaan's major shareholders?
Canaan's stock is owned by many different retail and institutional investors. Top institutional investors include Invesco Ltd. (1.23%), BlackRock I...
What stocks does MarketBeat like better than Canaan?
Wall Street analysts have given Canaan a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canaan wasn't one of them.
Are investors shorting Canaan?
Canaan saw a increase in short interest in August. As of August 13th, there was short interest totaling 8,790,000 shares, an increase of 17.5% from the July 29th total of 7,480,000 shares. Based on an average daily volume of 7,610,000 shares, the days-to-cover ratio is presently 1.2 days.#N#View Canaan's Short Interest.
When is Canaan's next earnings date?
Canaan is scheduled to release its next quarterly earnings announcement on Monday, September 6th 2021.#N#View our earnings forecast for Canaan.
How has Canaan's stock price been impacted by COVID-19 (Coronavirus)?
Canaan's stock was trading at $3.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CAN stock has increased by 137.9% and is now trading at $9.30.#N#View which stocks have been most impacted by COVID-19.
Who are some of Canaan's key competitors?
Some companies that are related to Canaan include AU Optronics (AUOTY), Allegro MicroSystems (ALGM), Dialog Semiconductor (DLGNF), Shoals Technologies Group (SHLS), Semtech (SMTC), Cirrus Logic (CRUS), Ambarella (AMBA), Daqo New Energy (DQ), Kulicke and Soffa Industries (KLIC), Diodes (DIOD), MACOM Technology Solutions (MTSI), MaxLinear (MXL), SiTime (SITM), CMC Materials (CCMP) and Viavi Solutions (VIAV).#N#View all of CAN's competitors..
Who are Canaan's major shareholders?
Canaan's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (1.79%), Toroso Investments LLC (1.54%), BlackRock Inc. (1.01%), Renaissance Technologies LLC (0.81%), Jefferies Group LLC (0.00%) and Indus Capital Partners LLC (0.63%).
Which institutional investors are selling Canaan stock?
CAN stock was sold by a variety of institutional investors in the last quarter, including Franchise Capital Ltd, Invesco Ltd., UBS Asset Management Americas Inc., Susquehanna International Group LLP, Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., and Group One Trading L.P..
Volatility is common
First, accept market volatility — which is relatively common — as a normal part of the process of investing and the best way to outrun inflation, said certified financial planner Brad Lineberger, president of Carlsbad, California-based Seaside Wealth Management, which manages about $165 million in assets.
Make a plan and stick to it
Sticking with your overall plan is generally the best thing you can do through a market slump, instead of panicking and selling too soon.
Have an emergency fund
Of course, even if you know that stock market volatility can benefit you in the long-run, financial advisors still recommend having a cash emergency fund on hand so that you can make it through a market meltdown without selling.
The company is probably excited to finally put 2020 behind it
After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. What's great about exploring business and the economy is the insight it gives you into how things are in the world.
What happened
Shares of Canaan ( NASDAQ:CAN) crashed on Monday after the company reported final financial results for 2020. As of 1 p.m. EDT, the stock was down a painful 28%.
So what
Canaan had almost nothing to show for its fourth-quarter efforts. The company sells equipment used for mining cryptocurrencies, which investors might assume would be in high demand. And in a way that's true -- the company currently has $174 million in contracts, causing it to run at capacity for the remainder of 2021.
Now what
Things should be much better for Canaan in 2021. The semiconductor company expects revenue of at least 400 million Chinese yuan (around $61 million) in the first quarter of 2021, which is almost as much as what it generated in all of 2020. And, if the cryptocurrency market remains strong, it could generate revenue like this throughout the year.
Why do stocks go down?
First, let’s start by outlining why stocks go down in the first place. Stock market prices go up and down every day because of market forces. The share prices end up changing due to supply and demand. When the company is doing well, more people want to buy the stock instead of selling it.
What should you do with your portfolio if stocks go down?
Of course, if you had your choice, your stocks would always be in demand. However, that isn’t always how it works. If your stocks start to take a hit, here’s what you should do.
Just breathe
When you are ready to panic, pack up, and leave, take a deep breath, and realize that a dip in stocks is all part of the process. If you haven’t diversified already, you need to get on it to spread the wealth and lower the overall risk. You should consider buying when there is a dip but don’t go crazy looking for one.
How to avoid a market downturn?
Investors can probably remember their first experience with a market downturn. Rapid drops in the price of an inexperienced investor’s portfolio are unsettling, to say the least. A way to prevent the ensuing shock is to experiment with stock market simulators before actually investing.
Do millennials invest in the stock market?
In fact, investing in the stock market at pre-determined intervals , such as with every paycheck, helps capitalize on an investing strategy called "dollar cost-averaging".
What does panic selling mean?
Panic selling is often people's first reaction when stocks are going down, leading to a drastic drop in the value of their hard-earned funds. It's important to know your risk tolerance and how it will affect the price fluctuations—called volatility —in your portfolio.
What is dollar cost averaging?
Dollar cost-averaging, simply stated, averages your cost of owning a particular investment by purchasing shares during periods when the market is high, as well as during periods when the market is low, rather than attempting to time the market.
How to invest with a clear mind?
In order to invest with a clear mind, you must grasp how the stock market works. This permits you to analyze unexpected downturns and decide whether you should sell or buy more.
Who is Shoshanna Delventhal?
Shoshanna Delventhal is an expert in equities investing with 3+ years of experience as a business, finance, and markets reporter. Shoshanna received her bachelor's from the University of North Carolina at Chapel Hill—double majoring in economics and international relations.
How many points did the Sensex plunge?
Sensex plunges 1,066 points: Key factors that dragged markets lower. Bluechip indices have rallied for 10 straight days, the biggest rally in 13 years, and have shown signs of fatigue in the last few days.
What is the second wave of infection in India?
The second wave of infection in India has resulted in reimposition of lockdown in several parts of the country, meaning business disruptions. Moreover, the rise in yields is likely to result in outflows.
