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Luckin Coffee (NASDAQ: LK ) tumbles 56% withdraws its request for the June 25 hearing and not to seek to reverse or stay the listing qualification of delisting the company from the Nasdaq. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...
BEIJING, June 26, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced the following: As previously disclosed, the Company received two written notices (the “Notices”) from the Listing Qualifications Staff (the “Listi...
3 Penny Stocks To Watch Near All Time Lows As much as we’d love to talk highly about penny stocks all the time, we can’t ignore the dark side. This is the part of the conversation that has created skeptics throughout history. It’s also made for good “yea butȂ...
Don't look now, but Luckin Coffee (NASDAQ: LK) is bouncing back. It lost 17% of its market capitalization on Monday, as rumors increased that the company could be delisted by Nasdaq, and then dropped another 12% Tuesday when the exchange issued it a delisting notice, proving those rumors ...
The stock market rally finally took a break on Wednesday morning, with major benchmarks falling as a host of worries plagued investors. Continued rising COVID-19 case counts and a downgrade of global economic growth prospects made market participants think twice about the bullish case that has h...
Sign up for Let's Talk ETFs on your favorite podcast platform: Apple Podcasts Spotify Google Play Stitcher By Jonathan Liss With investors increasingly looking to invest in companies that align with their personal values, "ESG" funds ("ESG" stands for Environ...
Battered by missteps and bad news of late, it seems Luckin Coffee (NASDAQ: LK) is turning to a third party for some help. Reuters is reporting that the Chinese takeout java specialist has hired Los Angeles-based investment bank Houlihan Lokey (NYSE: HLI) as an advisor. The article, citi...
For the last few years, I've been following "scandal stocks" - companies that have rapid declines due to negative news with a moral component. There's a cycle to these scandals. First, bad news comes out. Next, pressure on the stock builds as media reveal further problems and governments s...
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 (...
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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...