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“Starbucks Of China” Down Almost 75% Today On Fraud Findings
Article By: ValueWalk
Friday, April 3, 2020 4:07 AM EDT
Shortseller vindicated, as company finds fraud signs.
In this article: LK
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Starbucks Rises As Chinese Competitor Luckin Probes Fraudulent Transactions
Article By: The Fly
Thursday, April 2, 2020 11:15 AM EDT
Back in January, short-seller Muddy Waters accused Luckin Coffee of both fraud and having a "fundamentally broken business".
In this article: SBUX, LK
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Luckin Coffee Crashes 85% After Admitting "Fabricating $300 Million In Sales"
Article By: Tyler Durden
Thursday, April 2, 2020 10:03 AM EDT
Luckin Coffee says its special committee today brought to the attention of the board information indicating that COO Jian Liu and several employees engaged in certain misconduct, including fabricating certain transactions, starting 2Q last year.
In this article: LK
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8 Hot Stocks With Massive Relative Strength As Market Plunged
Video By: Deron Wagner
Tuesday, March 3, 2020 12:09 AM EDT
The main stock market indexes got slaughtered last week, as the S&P 500 swooned 11.6% with five consecutive days of losses. Tech stocks provided no reprieve either, as the Nasdaq Composite similarly tumbled 10.6% for the week.
In this video: RNG, LK, DDOG, COUP, NTES, AYX, DOCU, FIVN Also: QQQ, SPX, IWM
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Impact Of The Coronavirus On American Fast Food Stocks
Article By: ValueWalk
Saturday, February 15, 2020 10:04 PM EDT
Fast food stocks could feel a lot of pain from the coronavirus. Here is an analysis of which companies might get hit.
In this article: YUM, MCD, LK, SBUX, DNKN, QSR
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