Chinese Luckin Coffee just recently made its debut in the market and has been plunging since. The first day of trading for the China-based company was tremendous, with gains of 53% as the stock sailed to $25.96 on May 17th. Since then however, shares of Luckin Coffee have been on a downtrend and have sinked … Continue reading “This Starbucks Competitor Has Crashed Since its IPO”
Tag: LK
This Rival of Starbucks Has Just Filed for a US IPO
Luckin Coffee of China is planning to list on the NASDAQ. This week the company…
April 23, 2019