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Luckin Coffee ( LK -7.4% ) is lower amid some talk that the company canceled an appearance at a Morgan Stanley event in Beijing and set a strategic initiatives announcement for January 8. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
Investment Thesis 2019 has finally come to an end, which has certainly not been an easy year for many Chinese companies listed on the US market. Although the overall sector seems to be doing ok, returning ~20% for the year, it's still not catching up with the major US indices: Data by YCh...
Luckin Coffee ( LK -2.5% ) passed Starbucks ( SBUX -0.3% ) recently as the coffee chain with the most outlets in China. More news on: Luckin Coffee Inc., Starbucks Corporation, Consumer stocks news Read more ...
This article was selected to be shared with PRO+ Short Ideas subscribers - find out more here . Luckin Coffee ( LK ) appears to be the new Chinese Starbucks ( SBUX ). The company’s revenue growth can be compared to that of SBUX, so LK seems to be a must-follow stock. With that, t...
2019 was indeed an eventful year, but it seems like the year flew by all too swiftly! As I soak in the festivities, I also find time to reflect on what happened during the year and any mistakes I may have made during my investment journey. While it's human to make mistakes, it's important that t...
By ALT Perspective Last week, Chinese stocks ( FXI )( CQQQ ) generally gained in another week of lift together with the rest of the broader market. After more than a year of heightened risk premium placed on Chinese stocks, it seemed market players have reverted to viewing Chinese compa...
This is a great time to consider ingesting some restaurant stocks into your portfolio. The economy's humming, which usually leads to folks eating out more often. And even when people would prefer to eat in, the rapidly growing popularity of third-party restaurant delivery businesses has shifte...
When it comes to artisanal coffee houses, the name that immediately comes to mind for most here in the U.S. is Starbucks (NASDAQ: SBUX) . The coffee chain, founded in 1971, has a ubiquitous presence in North America and has expanded to almost every corner of the world. There are not man...
Why Study Starbucks Now? I recently started my 10-year-old daughter on her investing journey, and her latest "Dividend Duchess" portfolio addition was Starbucks ( SBUX ). You can read that article here . As an ultra young investor with a 50+ year investing horizon, SBUX should do her quite ...
Luckin Coffee (NASDAQ: LK) , the Chinese coffee store chain that went public in May, has repeatedly claimed that it will eclipse Starbucks' (NASDAQ: SBUX) store count in China. Luckin's growth rate indicates that could happen soon: Its number of stores surged 210% annually to 3,680 l...
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How Did One Gold Stock Pull Off A Near $3 Billion Fraud Scheme? With gold prices reaching levels not seen since 2011, it’s no wonder why investors are turning toward the shiny metal. The market value of gold has now jumped above $1,800. Even in spite of price pulling back in July, gol...
BEIJING, July 01, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (OTC: LKNCY) announced that its Special Committee of the Board of Directors (the “Special Committee”), with the assistance of its advisors, Kirkland & Ellis International LLP and FT...
The stock market had a tough day to end the week, with investors growing increasingly nervous about the rising number of new COVID-19 cases. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has resisted coronavirus-inspired sell-offs before, but it didn't succeed today, losing around 2.5%. The Nas...