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Tag search results for: "why luckin coffee stock is falling today"
Shares of Luckin Coffee (NASDAQ:LK) declined on Thursday after a key
rival warned of heavy losses in the coming quarters. As of 11:33 a.m.
EDT today, Luckin’s stock was down more than 15%. To get more news about
luckin coffee china, you can visit shine news official website.
It’s been a rough few months for Luckin and its long-term investors.
After the Chinese coffeehouse chain disclosed on April 2 that it had
fabricated as much as $310 million in sales from the second quarter of
2019 to the fourth quarter, its stock plum... more
