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BEIJING, June 23, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced that on June 17, 2020, it received an additional written notice (the “Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (...
The pressure on Luckin Coffee (NASDAQ: LK ) to recover from its accounting scandal takes another serious turn today. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
Luckin Coffee (NASDAQ: LK ) plans to use Houlihan Lokey as an adviser to help it recover from an accounting scandal, according to Reuters. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...
In this episode of MarketFoolery , host Chris Hill chats with Motley Fool Asset Management's Bill Barker about the latest earning reports and headlines from the around the market. A retail giant posted higher-than-expected profits and revenue, but investors were not impressed. There is some b...
Shares of beleaguered Chinese coffeehouse chain Luckin Coffee (NASDAQ: LK) had tumbled another 16.8% through 11:35 a.m. EDT on Monday. Over the weekend, The Wall Street Journal reported that banks that had extended margin loans to Luckin chairman Charles Lu have sued and won the right t...
Charles Lu and Luckin Coffee (NASDAQ: LK) continue to face trouble after an accounting scandal broke in April. The company was sued by several banks, including Credit Suisse (NYSE: CS) , and a Cayman Islands court ruled in the banks' favor. Luckin was temporarily delisted from the Nasdaq...
The $8 Billion Brokerage Robinhood is getting big . Just last month, it raised $280 million at an $8.3 billion valuation. How has it come so far so fast? It is a combination of free time during the lockdown to gamble on the stock market, free trades, and free stock . With the influx...
Urban One (NASDAQ: UONE ) -17% . More news on: Urban One, Inc., Beasley Broadcast Group, Inc., LiveXLive Media, Inc., Stocks on the move, , Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . While Facebook and Google have canceled their annual developer conferences, F8 and I/O, Apple (AAPL) feels the show must go on al...
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...
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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...