LK News and Press, Luckin Coffee From 06/15/20

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows. - Jim Rogers In the last week, we've seen a lot of headlines on how Robinhood traders have outperformed traditional hedge fund and money managers in the coronavirus drawdown and subsequent r...

We are quickly moving towards the back half of the year (Q3 and Q4) when US industrial production is predicted to finally regain its stride. Treasury Secretary Mnuchin estimates the compound growth rate for Q3 could approach 17% . Industrial, transportation, construction, and hospital...

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...

When starting a portfolio from scratch, simplicity is key. Rather than trying to find the small-cap diamond in the rough, new investors are better served by focusing on a more straightforward approach. Yes, it is nice to see an account balance rapidly shoot up. It is much more practical, howeve...

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 ...

Investment thesis Several unjustified drivers are seemingly keeping the share price of Starbucks ( SBUX ) relatively buoyant. There could be a sell-off in its shares when investors admit their confidence in the beverage giant is misplaced. Background I frequently write on Chinese intern...

Shares of  Luckin Coffee (NASDAQ: LK) declined on Thursday after a key rival warned of heavy losses in the coming quarters. As of 11:33 a.m. EDT today, Luckin's stock was down more than 15%.  It's been a rough few months for Luckin and its long-term investors . After the Chinese c...

Can it get any worse for Charles Lu and Luckin Coffee (NASDAQ: LK) ? Probably, but as the Luckin accounting probe escalates, so do Lu's woes. Lu's investment firm, UCAR, which is the parent company of Luckin, already sold off its total stake in Car Inc., China's largest car rental company,...

Luckin Coffee (NASDAQ: LK) has been one of the most infamous stocks of 2020, as the Chinese coffee company got itself embroiled in fraudulent accounting practices the full extent of which still aren't entirely known. After having had suspended trading in the stock for more than a month foll...

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...