Ebang International Stock Rises Sharply After Litecoin and Dogecoin Announcement

Rather than enable a cryptocurrency breakthrough, it allows the company to selbl a new line of products.

What happened

Shares of Ebang International Holdings (NASDAQ:EBON) rose sharply on Thursday after the company announced a new product that will allow users to simultaneously mine two popular cryptocurrencies, Litecoin and Dogecoin. At the close, the stock was up almost 14%.

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