When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
After tumbling 15% in Thursday's broad-based market sell-off, shares of Chinese coffeehouse chain Luckin Coffee(NASDAQ: LK) are enjoying a bounce today -- up 10.5% as of 10:55 a.m. EDT.
Honestly, there doesn't seem to be any reason for that, given that there's no news from Luckin, nor any news about Luckin, either. There are no analyst upgrades supporting the stock, nor is anyone suggesting that, after falling 82.5% in the past 12 months, Luckin deserves a higher price target.