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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Heliographer / Shutterstock Chinese electric vehicle (EV) stocks are down on Tuesday and it all has to do with the country’s Zero Covid policy. Investors are worried that China is preparing for furth...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: NewsToday / Shutterstock.com Luckin Coffee (OTCMKTS: LKNCY ) stock is on the move Tuesday after the Chinese coffee company reported earnings results for the third quarter of 2022 . That earnings repor...
Third Quarter Net Revenues Increased 66%; Further Acceleration of Net New Store Openings Operating Efficiency and Economies of Scale Further Improved Profitability Profile Following Full Redemption of Offshore Notes, Company Moves Forward with No Debt Obligations and Stron...
Report Highlights Strengthened Corporate Governance Structure and Practices Details Luckin Coffee’s New Mission, Vision and Core Values BEIJING, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: L...
Summary Luckin Coffee Inc. was previously convicted of large-scale fraud and subsequently delisted by the SEC; since then, it has been trading over the counter. Somehow, the company didn't miss a beat, ostensibly continuing to grow revenues at a brisk pace. Yet, this revenue g...
BEIJING, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) will release its third quarter 2022 financial results before the U.S. market open on Tuesday, November 22, 2022. The Company will hold a conference c...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: NewsToday / Shutterstock.com Luckin Coffee (OTCMKTS: LKNCY ) stock isn’t doing so hot as investors react to news of Chinese President Xi Jinping claiming another term . This has shares of LKNCY...
Summary The store count of Luckin Coffee Inc. reached 7,843 as of September 25 2022 and could potentially surpass 8,400 by the year end. Luckin Coffee managed to maintain the robust store opening momentum despite continued COVID 19 lockdowns and weakening economic conditions in Ch...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Years ago, I heard Leon Cooperman, widely viewed as a legendary investors, say that there are two types of stock investors: those who like to find stocks to buy that are rising and those who like to buy equities on we...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Some people seem to believe that “the market” is all-knowing. But that’s far from the case. In fact, “the market” often greatly overestimates and underestimates companies. Because of the l...
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BEIJING, May 23, 2024 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced a change to the Board of Directors (the “Board”). The Board previously resolved that each of the Company’s directors shall ...