But it was issued in November. I tossed a minuscule amount at it a couple weeks ago to buy 15 shares (~$31) and sold my shares today at $3.95 for a net profit of $25-27.
So what. It hit close to $5.00/share at one point today and closed at ~$4.05. Can anyone speculate on what happened today with Luckin (LK)? But that’s not what’s happened, or at least not so far. In a press release late Tuesday, Luckin said it will enter the "unmanned retail market" via the launch of its Luckin Coffee Express coffee machine and its Luckin … Shares of Luckin Coffee (NASDAQ: LK) were up 11.7% as of 3:05 p.m. EST Wednesday after the Chinese coffee shop chain announced plans for deploying new "smart" unmanned coffee and vending machines.. What happened. Shares of Luckin Coffee (NASDAQ: LK) soared on Tuesday, following heavy losses in recent days. Chinese coffee chain super-brand Luckin Coffee has been in the spotlight the past week after the company revealed in an SEC filing that it has undertaken an internal investigation into an …
Yang Fei, Luckin’s CMO and one of the key architects of Luckin’s hyper-growth, is missing in action. Luckin Coffee - what the hell happened today? It went up nearly 100% today with zero news or observable reason. It went up nearly 100% today with zero news or observable reason. Can anyone speculate on what happened today with Luckin (LK)? Luckin Coffee did not immediately respond to a request from the BBC for further comment. As of 3:30 p.m. EDT, Luckin’s stock was up more than 50%. A Cautionary Tale of Luckin Coffee Luckin Coffee shares were halted for pending news earlier this month, but that news has yet to appear. Luckin Coffee - what the hell happened today? Luckin, a rival to Starbucks Corporation (NASDAQ: SBUX) in China, is … Shares of Luckin Coffee surged on Friday, continuing the stock's incredible ascent off its lows. I tossed a minuscule amount at it a couple weeks ago to buy 15 shares (~$31) and sold my shares today at $3.95 for a net profit of $25-27.
China’s Luckin Coffee slumps on ‘fake’ data news; Coffee … Even after today’s gains, Luckin Coffee’s stock is still down more than 95% from the highs it reached in January. So what. The country’s top securities regulator, the China Securities Regulatory Commission, is already carrying out its own probe into Luckin.
It was. IPO pinch hitter. What happened. With the big red flag of fraud tarnishing their reputation, there's no good reason to buy Luckin Coffee's stock right now.Firstly, due to the risk of delisting. Luckin Coffee: The Luck Runs Out I warned when Luckin Coffee went public in May 2019 that the story was too good to be true. In March, a month before Luckin Coffee filed for its IPO, I wrote a three-part series on As a next step, you might expect the Nasdaq to delist Luckin and the coffee vendor to end up in obscurity. What happened.
What Happened. Luckin Coffee Inc. (NASDAQ: LK) has confirmed the company is under investigation by a Chinese regulator. At any price. What happened after April Fool’s Day this year was no laughing matter to the unlucky investors, including myself, who felt the financial massacre from Luckin’s latest fallout. The Chinese arm of EY, its auditor, reportedly confirmed the fraud to Luckin Coffee, but only after multiple reports by short-sellers such as Muddy Waters… As Luckin Coffee gets its start on the NASDAQ, there’s a conspicuous absence in its corporate filings and press conferences. We've been tracking Luckin Coffee, the world's fastest-growing chain in the world, since its high-speed beginnings. The company’s most recent report, considered outstanding, had revenue more than tripling from a year earlier. We've known that this moment would come, but now that it's here, the excitement is, … Luckin is next due to report April 1, with a loss … …
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