LK News and Press, Luckin Coffee From 06/02/20

Luckin Coffee 's (NASDAQ: LK) inflated-revenue scandal is still making waves weeks after first being reported. Charles Lu, co-founder and chairman of the company, is selling his shares in the Hong Kong-listed Car Inc., where he also serves as chairman, because the Luckin story has affe...

By John Lin and Stuart Rae Tensions between the US and China are flaring up again, but tariffs probably aren't on the table this time. With pressure mounting on Chinese stocks listed in the US, including those widely held in emerging-market portfolios, investors need to consider how to pr...

Bill S.945, passed by the Senate last week, states any US-listed Chinese company that does not allow the Public Company Accounting Oversight Board (PCAOB) to review their audited financials for three consecutive years could be delisted 1 . We believe this legislation creates the appearance of ...

Sonoma Pharmaceuticals (NASDAQ: SNOA ) +162%  on COVID-19 nod in Australia for disinfectant. More news on: Sonoma Pharmaceuticals, Inc., Phio Pharmaceuticals Corp., Adaptimmune Therapeutics plc, Stocks on the move, , Read more ...

There are investors out there who believe Luckin Coffee ( LK ) is too cheap, even considering the extraordinary circumstances surrounding the business. I sympathize with those investors — but I don't agree with them. On paper, I can see a bull case. Luckin raised some $865 million i...

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Luckin Coffee Inc.   (NASDAQ: LK) is in more trouble. This week, new details on the Chinese coffee chain's accounting practices are unfortunately dominating headlines. Why? Under previous company management, executives purportedly juiced financials by creating vouchers to sell to fake bu...

An expose in The Wall Street Journal details how revenue at Luckin Coffee ( LK -19.3% ) was inflated by large sales of coffee vouchers to some corporate customers tied to the company's chairman and controlling shareholder. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks ...

 Gainers:  ARCA biopharma (NASDAQ: ABIO )  +174% . More news on: ARCA biopharma, Inc., Monaker Group, Inc., Triumph Group, Inc., Stocks on the move, , Read more ...

In this episode of Motley Fool Money , Chris Hill chats with Motley Fool analysts Emily Flippen and Ron Gross about the latest news from Wall Street. They talk about the work-from-home culture and the changes it brings. They go through the earning reports of some major retailers and a gaming ...