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Appearing on CNBC, Jim Chanos takes a victory lap ("avoid Chinese companies like the plague") on Luckin Coffeee ( LK -73.6% ), telling viewers he used today heavy-volume plunge to cover his short. Tesla (NASDAQ: TSLA ), he says, remains one his fund's largest short positions. More n...
Labaton Sucharow LLP, a leading, award winning investor rights law firm, announces it is investigating securities claims on behalf of shareholders of Luckin Coffee, Inc. (Ticker: LK) resulting from allegations that Luckin Coffee may have issued materially misleading business information to th...
Luckin Coffee (NASDAQ: LK ) -84% on fraud finding . More news on: Luckin Coffee Inc., Golar LNG Partners LP, Safe-T Group Ltd, Stocks on the move, , Read more ...
Luckin Coffee (NASDAQ: LK ) craters in premarket trading after the board was made aware that a special committee found that COO Jian Liu and several employees fabricated transactions of as much as $310M. More news on: Luckin Coffee Inc., Starbucks Corporation, Consumer stocks news, Stocks ...
BEIJING, China, April 02, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK) today announced that the Company’s Board of Directors (the “Board”) has formed a special committee (the ...
This is the best time to buy growth stocks: when the market is scared and investors are negative. The coronavirus pandemic has sent global markets into a tailspin. Share price multiples are shrinking across the board. And yet there's a possible disconnect here, between this macro pessimism and t...
About two months ago, I penned an article about Luckin Coffee (NASDAQ: LK ) and continue to find it one of the most intriguing stocks on the market. Since that article first was written, the stock has not wowed anybody, but it has outperformed the market by 2%. While you will never ignite t...
New York, New York--(Newsfile Corp. - March 28, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Luckin Coffee Inc. (NASDAQ: LK) ("Luckin Coffee" or the "Company") of the April 13, 2020 deadline to seek the role of lead plaintiff in a federal secur...
BEIJING, March 27, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK), a pioneer of a technology-driven new retail model to provide coffee and other products of high quality, high affordability, and high convenience to cus...
Source: Traffic is almost back to normal in Beijing, March 24 Investment Thesis We have stated the facts in our previous articles that the epidemic situation in China is largely under control . More importantly, the economic activities have started to resume accordingly, and are expecte...
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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...