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Cango Inc.

4.01

+0.07001.78%

Post-market: 3.99-0.0200-0.50%17:54 EDT

Volume:161.78K

Turnover:654.92K

Market Cap:418.50M

PE:11.34

High:4.15

Open:4.07

Low:3.92

Close:3.94

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Overview Company News Filings

Asian Equities Traded in the US as American Depositary Receipts Starts Week Lower in Monday Trading

MT Newswires Live

BRIEF-Cango Announces November 2024 Production Update for Crypto Mining Business

Cango reports November 2024 production update for crypto mining business

Cango Inc: Number of Bitcoins Produced in November 363.9

THOMSON REUTERS

Press Release: Cango Inc. Announces November 2024 Production Update for Crypto Mining Business

Cango falls -14.3%

Nyse Halt Cango Inc Add Info Lst $3.810000

THOMSON REUTERS

Nyse Halt Cango Inc Add Info Lst $3.460000

THOMSON REUTERS

Nyse Halt Cango Inc Add Info Lst $4.030000

THOMSON REUTERS

Asian Equities Traded in the US as American Depositary Receipts Lower in Friday Trading, Higher for the Week

MT Newswires Live

Cango And 2 Other Promising US Penny Stocks

Simply Wall St.

Cango Appoints New Accounting Firm Amid Smooth Transition

Cango Inc. Strengthens Portfolio with Crypto Mining Assets

Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading

MT Newswires Live

Cango Inc: Decision to Change Auditor Was Not as a Result of Any Disagreement Between Company and Ey

THOMSON REUTERS

Cango Inc. Announces Change of Independent Registered Public Accounting Firm

THOMSON REUTERS

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Announces November 2024 Production Update for Crypto Mining Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2489430985","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489430985?lang=en_us&edition=fundamental","pubTime":"2024-12-05 20:00","pubTimestamp":1733400000,"startTime":"0","endTime":"0","summary":"SHANGHAI, Dec. 5, 2024 /PRNewswire/ -- Cango Inc.  , a leading automotive transaction service platform in China, today announced its production update for crypto mining business in November 2024.As previously announced by the Company on November 19, 2024, the Company has completed the acquisition of on-rack crypto mining machines with an aggregate hashrate of 32 Exahash per second  for a total purchase price of US$256 million in cash  from a leading manufacturer of digital currency mining servers. The Company and such manufacturer closed the Cash-Settled Transaction through assignment to the Company of all hash computing power of the mining machines to be delivered in the Cash-Settled Transaction, and transfer of these machines' legal title to the Company is expected to occur at a later stage as agreed by the parties.-- Average number of Bitcoins produced per day: 18.85. -- Total number of Bitcoins held as of November 30, 2024: 363.9. -- Total number of Bitcoins sold in November 2024: ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","APT.USD.CC","TON.USD.HKCC","BK4214","APT.USD.HKCC","TON.USD.CC","BK4122","RNDR.USD.HKCC"],"gpt_icon":0},{"id":"2488623949","title":"Cango falls -14.3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2488623949","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488623949?lang=en_us&edition=fundamental","pubTime":"2024-12-03 22:50","pubTimestamp":1733237425,"startTime":"0","endTime":"0","summary":"Cango (CANG) is down -14.3%, or -67c to $4.03. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cango-falls-14-3?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/cango-falls-14-3?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4122","CANG","BK4214"],"gpt_icon":0},{"id":"2488945796","title":"Nyse Halt Cango Inc  Add Info Lst $3.810000","url":"https://stock-news.laohu8.com/highlight/detail?id=2488945796","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488945796?lang=en_us&edition=fundamental","pubTime":"2024-12-03 22:43","pubTimestamp":1733236984,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241203:nAQN2JS7NU:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4214","BK4122","CANG"],"gpt_icon":0},{"id":"2488986945","title":"Nyse Halt Cango Inc  Add Info Lst $3.460000","url":"https://stock-news.laohu8.com/highlight/detail?id=2488986945","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488986945?lang=en_us&edition=fundamental","pubTime":"2024-12-03 22:37","pubTimestamp":1733236621,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241203:nAQN2JS7NV:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4214","CANG","BK4122"],"gpt_icon":0},{"id":"2488594588","title":"Nyse Halt Cango Inc  Add Info Lst $4.030000","url":"https://stock-news.laohu8.com/highlight/detail?id=2488594588","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488594588?lang=en_us&edition=fundamental","pubTime":"2024-12-03 22:31","pubTimestamp":1733236282,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241203:nAQN2JS7NX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4122","BK4214","CANG"],"gpt_icon":0},{"id":"2485526706","title":"Asian Equities Traded in the US as American Depositary Receipts Lower in Friday Trading, Higher for the Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2485526706","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485526706?lang=en_us&edition=fundamental","pubTime":"2024-11-22 23:36","pubTimestamp":1732289791,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were moving lower Friday morning, declining 0.33% to 2,035.07 on the S&P Asia 50 ADR Index, which is still nearly 1% higher for the week.From North Asia, the gainers were led by online game developer The9  and media company Phoenix New Media , which rose 3.9% and 3.4% respectively. They were followed by ecommerce fashion platform MOGU  and automotive ecommerce platform Cango , which were up 3.3% and 3.1% respectively.The decliners from North Asia were led by mobile big data company Aurora Mobile  and internet and data center provider VNET Group , which tumbled 24% and 16% respectively. They were followed by educational company Four Seasons Education  and automotive ecommerce platform TuanChe , which lost 8.1% and 5.6% respectively.From South Asia, the gainers were led by IT firms Infosys  and Sify Technologies , which increased 2.8% and 2.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratorie","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4577","LU1102505762.USD","LU0066902890.USD","SG9999002604.SGD","BK4007","LU0791591158.USD","FEDU","BK4587","LU2125910500.SGD","BK4214","RDY.AU","SG9999006266.SGD","IE0034224299.USD","PHI","IE00B7N09G41.SGD","IE00B3M56506.USD","LU1804176565.USD","LU0532188223.SGD","BK4220","SIFY","BK4558","RDY","VNET","BK4532","INFY","NCTY","CANG","LU1805238398.USD","SG9999002620.SGD","SG9999001135.SGD","BK4588","MOGU","BK4134","LU1323998911.USD","LU0531971678.HKD","JG","LU0898667661.SGD","AFG","BK4596","LU0048573645.USD","BK4551","LU0261945553.USD","LU0868486357.SGD","FENG","LU0862451753.SGD","BK4506","TC","LU1046422090.SGD","BK4107"],"gpt_icon":1},{"id":"2485577496","title":"Cango And 2 Other Promising US Penny Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2485577496","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485577496?lang=en_us&edition=fundamental","pubTime":"2024-11-21 21:08","pubTimestamp":1732194480,"startTime":"0","endTime":"0","summary":"As the U.S. market digests earnings reports and experiences a surge in Bitcoin prices, stock futures are on the rise, reflecting investor optimism. In this context, penny stocks remain an intriguing segment of the market, offering potential growth opportunities despite their somewhat outdated label. Typically associated with smaller or newer companies, these stocks can offer a blend of affordability and growth potential when backed by strong financials.Click here to see the full list of 742 stocks from our US Penny Stocks screener.Overview: Cango Inc. operates an automotive transaction service platform in the People's Republic of China, connecting various stakeholders in the automotive industry, with a market cap of approximately $365.28 million.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/94bcc5bcuvrJNKUdDP7UgA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/58df37cadd48c6619bbe022c72dae85c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/94bcc5bcuvrJNKUdDP7UgA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/58df37cadd48c6619bbe022c72dae85c"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cango-2-other-promising-us-130800970.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4505","BK4122","BK4509","CANG","BK4214","BK4526","BK4213","BK4209","BK4123","BABB","TUYA","PHX","PL","BK4023"],"gpt_icon":0},{"id":"2484191615","title":"Cango Appoints New Accounting Firm Amid Smooth Transition","url":"https://stock-news.laohu8.com/highlight/detail?id=2484191615","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484191615?lang=en_us&edition=fundamental","pubTime":"2024-11-20 19:30","pubTimestamp":1732102222,"startTime":"0","endTime":"0","summary":"Cango (CANG) has released an update. Cango Inc., a prominent automotive transaction service platform in China, has appointed MaloneBailey, LLP as i...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cango-appoints-new-accounting-firm-amid-smooth-transition?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cango-appoints-new-accounting-firm-amid-smooth-transition?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4214","CANG","BK4122"],"gpt_icon":0},{"id":"2484912955","title":"Cango Inc. Strengthens Portfolio with Crypto Mining Assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2484912955","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484912955?lang=en_us&edition=fundamental","pubTime":"2024-11-19 19:29","pubTimestamp":1732015756,"startTime":"0","endTime":"0","summary":"Cango (CANG) has released an update. 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