Previous 10 | Next 10 |
Shares of Luckin Coffee (NASDAQ: LK) were getting burnt today after a short-seller came out and attacked the Chinese coffee chain. The timing was especially bad for Luckin, as the stock was already reeling from concerns about the coronavirus outbreak that has forced it to temporarily close s...
"Citron has respect for Muddy, but this anonymous report will fall short on accuracy," tweets Andrew Left , who says Luckin's (NASDAQ: LK ) business "is on fire in China." More news on: Luckin Coffee Inc., Consumer stocks news, Quick stock ideas, Stocks on the move, Read more ...
I asked you not to “fast trade” this week, until now I have been asking you to pull back on fast trading all week. Now that I have observed the nature of trading action this week, I see a tradable pattern. I'm still sticking with the 5% to 7% on this dip, but we are clearly...
Luckin Coffee ( LK -15.1% ) breaks even lower after Muddy Waters discloses a short position. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
As an investor, I have been intrigued by Luckin Coffee (LK) for about a month now, and I have had it on my official watch list for exactly two weeks. However, with a stock price of $50.02 on January 17, I couldn't justify jumping in. At that time, I crunched the numbers and decided that I woul...
It's another down day for consumer companies with a presence in China as novel coronavirus developments continue to point to an extended period of reduced store traffic in the nation and outbound tourism to key markets More news on: NIO Limited, Canada Goose Holdings Inc., Luckin Coffee In...
Why isn’t Facebook ( FB ) up instead of down 16 points in the pre-market? No doubt most of you stock market obsessives like m e already have pored over Facebook's (FB) results last night, but for the record let’s quickly look at the results. For the quarter, Facebook ...
The rapid spread of the Wuhan coronavirus, which has claimed over 170 lives and infected over 7,000 patients in China so far, is sparking serious concerns about Chinese stocks. Let's see how this outbreak could affect Chinese companies, many of which were already struggling with China's eco...
Starbucks (NASDAQ: SBUX) nailed its first-quarter earnings report Tuesday. But in spite of strong results across the board, investors were spooked by the outbreak of coronavirus in China. Shares were trading down 2.7% in afternoon trading Wednesday as a result. Starbucks said that current...
IPO stocks aren't for the faint of heart. Most new issues underperform the broad market, a sign of the "creative destruction" of free markets as losers tend to outnumber winners, but that doesn't mean that investors should steer clear of IPOs. After all, stocks that hit it big deliver hug...
News, Short Squeeze, Breakout and More Instantly...
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...