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Starbucks' (SBUX) most recent quarter showed rapid weakening , the next one looks much worse, but the value of the stock probably hinges on what happens to same-store sales once the world starts returning to normal. And that, in turn, depends on what Covid-19 safety procedures the café...
My Chinese associates like to quote this saying "上得山多,终遇虎" which literally means those who go to the hills often would eventually 'meet' a tiger. In the context of COVID-19, if one chooses to ignore the warnings for social distancing and ...
By ALT Perspective Stocks of Chinese companies ( CQQQ )( FXI )( MCHI ) generally did well amid a buoyant sentiment among market players. The Chinese Internet sector representative ETF, the KraneShares CSI China Internet ETF ( KWEB ), performed decently, closing up 2.4 percent for the wee...
SAN FRANCISCO, CA / ACCESSWIRE / April 13, 2020 / Hagens Berman alerts Luckin Coffee Inc. (NASDAQ:LK) investors of today's deadline to move for lead plaintiff in a securities fraud class action pending against the Company and urges LK investors who have suffered losses to contact the f...
WELLINGTON, Fla., April 12, 2020 (GLOBE NEWSWIRE) -- Barbuto & Johansson, P.A. (“BARJO”) and Of Counsel, Neil Rothstein, Esq. (with over 30 years of Securities Class Action Experience, including cases against ENRON and Halliburton) informs investors that a class action law...
SAN FRANCISCO, CA / ACCESSWIRE / April 12, 2020 / Hagens Berman urges investors in Luckin Coffee Inc. (NASDAQ: LK) who have suffered losses in excess of $1 million to submit their losses now . Tomorrow is the lead plaintiff deadline in a securities fraud class action suit against Luckin a...
If you're five years or more from retirement, you might find yourself at a crossroads. While those in retirement should probably opt for lower-risk dividend-paying stocks such as utilities and consumer staples, those earlier in life can take some swings at the finest growth stocks around, wi...
SAN FRANCISCO, April 11, 2020 (GLOBE NEWSWIRE) -- Hagens Berman urges investors in Luckin Coffee Inc. (NASDAQ: LK) who have suffered losses in excess of $1 million to submit their losses now . Only two days remain until the April 13, 2020 lead plaintiff deadline in a securities...
Another biotech IPO has beaten the market blues. Keros Therapeutics (KROS) finished the week up 35%, affirming that the biotech industry won't be deterred by current market volatility. Oncology biotech Keros Therapeutics priced its upsized IPO at the high end to raise $96 million at a $325 m...
Investors in Luckin Coffee (NASDAQ: LK) haven't been able to catch a break lately. After having denied allegations from a short-selling specialist early in 2020 as being "unsupported speculations and malicious interpretations of events," the Chinese coffee company announced on April 2 that i...
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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...