LK News and Press, Luckin Coffee From 06/08/20

Shares of  Luckin Coffee (NASDAQ: LK) fell nearly 13% on Monday following reports that its chairman and largest shareholder could face criminal charges.  Chairman Lu Zhengyao (who also goes by the name Charles Lu) will reportedly face criminal charges in China after authorities f...

Shares of Luckin Coffee (NASDAQ: LK) fell on Monday on an otherwise positive day for the markets as the scandal-ridden Chinese coffee company received another lump of bad news: Chairman Lu Zhengyao will reportedly now face criminal charges in China after authorities apparently discovered ema...

Source Last time I wrote about Luckin Coffee Inc. ( LK ), I attracted a lot of criticism for suggesting investors who bought the stock at recent highs of around $50 should wait it out and see what happens. At the time of publishing the first article , Luckin Coffee stock had already plumm...

By ALT Perspective Investors took Friday's jobs report as marking a turnaround from the COVID-19 downturn, enabling the stock market to end the week even stronger, building on gains from the first four trading sessions of June. The nationwide hiring surge last month led to an improveme...

Opiant Pharmaceuticals (NASDAQ: OPNT )  -32%  after Teva prevails in Narcan patent dispute . More news on: Opiant Pharmaceuticals, Inc., Ascena Retail Group, Inc., Ekso Bionics Holdings, Inc., Stocks on the move, , Read more ...

There's never a dull moment when it comes to investing, and some stocks are riskier than others. I have some near-term concerns with how the market will treat Stitch Fix (NASDAQ: SFIX) , Norwegian Cruise Line (NYSE: NCLH) , and  Luckin Coffee   (NASDAQ: LK)  shares this week...

Are you interested in buying Luckin Coffee (NASDAQ: LK) stock? If so, you might want to reconsider that investment. The controversial Chinese coffee shop has seen its share price fall by around 94% year to date because of  massive accounting fraud that saw the company fake up to $310 m...

Shares of  Luckin Coffee (NASDAQ: LK) surged on Friday, continuing the stock's incredible ascent off its lows. By the close of trading, Luckin's stock was up 36% after rising as much as 67.7% earlier in the day. The Chinese coffeehouse chain is besieged by scandal. The company disclos...

Gainers: Gannett (NYSE: GCI ) +107% . More news on: Gannett Co., Inc., Hertz Global Holdings, Inc., Top Ships Inc., Stocks on the move, , Read more ...

Hertz Global (NYSE: HTZ ) +84%  on bullish travel updates . More news on: Hertz Global Holdings, Inc., QEP Resources, Inc., Dynagas LNG Partners LP, Stocks on the move, , Read more ...