LK News and Press, Luckin Coffee From 06/21/20

According to The Wall Street Journal , beleaguered Chinese coffee chain Luckin Coffee (NASDAQ: LK) will hold an extraordinary meeting of shareholders on July 5, which apparently is designed to oust four of its directors, including controversial Chairman Lu Zhengyao ("Charles Lu"), while a...

If you own shares of Starbucks (NASDAQ: SBUX) right now or are on the verge of buying them, congratulations. You're obviously a forward-looking investor capable of blocking out the present headwinds. The company is currently in its third quarter of 2020, and it expects the COVID-19 pandemic...

The Grand Court of the Cayman Islands rules that banks including Credit Suisse (NYSE: CS ) can liquidate tens of millions of dollars in Luckin Coffee (NASDAQ: LK ) stock owned by Luckin Chairman Charles Lu, which could weaken his control over the company as a shareholder vote approaches. ...

Scandal-scarred Chinese coffee shop Luckin Coffee (NASDAQ: LK) announced today the independent director it appointed at the end of March and assigned to the company's audit committee has resigned, effective immediately. The coffee shop, which had seemingly been on a massive growth trajector...

BEIJING, June 19, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced the following: The Company received a letter of resignation dated June 16, 2020 from Mr. Tianruo Pu, under which Mr. Pu notified the Company of his resignation fr...

Shares of beleaguered Chinese coffee stock Luckin Coffee (NASDAQ: LK) are slumping in early trading Wednesday -- and for a change, this time it's not necessarily Luckin's own fault. Instead of revelations of accounting fraud or management resignations , today it's an international militar...

LexinFintech Holdings  (NASDAQ: LX) , a leading fintech company in China, reported a mixed result for its first quarter ended March 31, 2019. Revenue jumped 41% (in constant currency)  while earnings plunged to a net loss, owing to the adoption of a new accounting policy and the impa...

Introduction Starbucks is starting to tell a better growth story (i.e. both capital appreciation and dividend) as the unprecedented health crisis struck the market. The recent headlines (June 10th) on Starbucks made me rethink about the long-term recovery for this company and eventually de...

Luckin Coffee (NASDAQ: LK ) says its annual report will be delayed as the result of the COVID-19 outbreak and the pendency of its internal investigation. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...

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...