Stock quote and company snapshot for LUCKIN COFFEE INC (LKNCY), including profile, stock chart, recent news and events, analyst opinions, and research reports. Log In. Price Action : LKNCY … A while back, Luckin Coffee stock was a dominant growth name but not run a legitimate operation. Days later, it was halted for more than a month.  Moreover, there’s something else to keep in mind with this stock. Radical New Battery Could Dismantle Oil Markets The worst part about all of this? So, is that a sign to jump in? Is Nio Stock Above the Electric Vehicle Investment Madness? Shares of disgraced Chinese coffee chain Luckin Coffee (OTC: LKNC.Y) might have fallen off your radar earlier this year after the upstart coffee chain was exposed for fabricating hundreds of millions in sales in March. More From InvestorPlace It procures coffee machines and coffee condiments from renowned global suppliers such as Schaerer. Webull offers kinds of Luckin Coffee Inc - ADR stock information, including OTCMKTS:LKNCY real-time market quotes, financial reports, professional analyst ratings, in-depth charts, corporate actions, LKNCY stock news, and many more online research tools to help you make informed decisions. Learn a Lesson From Luckin Coffee — and Avoid It … 8.63 0.43 (5.24%) Upgrade to Real-Time Market Closed . InvestorPlace - Stock Market News, Stock Advice & Trading Tips. 33,589 . Top Stock Picker Reveals His Next 1,000% Winner 4 days ago. This was once a promising growth stock, but it led investors astray when top management was dishonest about sales, among other things. View Luckin Coffee Inc. 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The SEC’s fine was a slap on the wrist. And while it was a great growth story then and showed plenty of promise, it was also a dishonest representation of the opportunity investors are seeing in China. InvestorPlace - Stock Market News, Stock Advice & Trading Tips So, while the Luckin situation reminds us to be wary, it also doesn’t discredit the many Chinese businesses that are absolutely crushing it. View the latest Luckin Coffee Inc. ADR (LKNCY) stock price, news, historical charts, analyst ratings and financial information from WSJ. Luckin Coffee News: LKNCY Stock Shoots 125%+ Higher After SEC Settlement. Before it got caught, there was writing on the wall for Luckin Coffee stock. The Store Network: Its pick-up stores have limited seating and are typically located in areas with high demand for coffee, such as office buildings, commercial areas and university campuses. Stock Ideas and Recommendations. So, while Luckin may further recover, it’s too tainted to buy. By using this site you agree to the Chinese cafe chain Luckin Coffee (OTCMKTS:LKNCY) has been in all sorts of trouble in the past few months. Dow Jones, a News Corp company. … This browser is no longer supported at MarketWatch. Sponsored Adr LKNCY investment & stock information. Subscriber Agreement & Terms of Use, Now traded on OTCMKTS, shares in Luckin Coffee stock were up 79% as of Dec. 16 from the August low. The report came just a few weeks after Luckin hit an all-time high and the news sent a jolt of volatility into the share price. Matthew McCall left Wall Street to actually help investors –by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. Luckin Coffee (LKNCY) is in the news Monday after settling a dispute with the SEC caused shares of LKNCY stock to soar higher. Copyright © 2020 MarketWatch, Inc. All rights reserved. Click here to see what Matt has up his sleeve now. IQ. While the company looked like it was about to go from modest coffeehouse to perennial powerhouse, Luckin just couldn’t resist cooking the books.  Value stocks can continue to be undervalued by the market for long periods of time. Tip: Try a valid symbol or a specific company name for relevant results, Other OTC - Other OTC Delayed Price. Intraday Data provided by FACTSET and subject to terms of use. The company was founded by Zhi Ya Qian in October 2017 and is headquartered in Fujian, China. What can we take out of this? But where there’s smoke, there’s fire. Market Activity. All quotes are in local exchange time. Have Watchlists? Instead, just take Luckin as a lesson learned to do better due diligence, no matter how bullish or bearish the market is on a particular security.  Trending now. Watch. Luckin stock, quoting $26.20 on Apr. OTCIQ. Cancel. It’s stint on the public market was impressive and had bulls looking for a long-term home run. On Apr. Investors got burned as a result. Many didn’t. Not only did the company defraud investors, but it hadn’t even been public for a year at that point. Luckin Coffee Stock in a Nutshell Breakout Stocks Corona Virus Stocks. Luckin was the first Chinese stock with accounting issues and it won’t be the last. You may remember Luckin Coffee (OTCMKTS:LKNCY) as the ticker symbol LK. LKNCY. Don’t get sucked into a low-liquidity over-the-counter asset by trying to catch this falling knife.  LKNCY - Luckin Coffee Inc. About. LKNCY 8.63 0.43 (5.24%) NASDAQ Updated Dec 22, 2020 9:00 PM. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Current Market . After revelations this past year, Luckin Coffee stock was relegated to the over-the-counter market.  Sign Up. Real-time trade and investing ideas on Luckin Coffee LKNCY from the largest community of traders and investors. S&P 500 0.00%. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Shares fell as much as 27% in a single day. However, Luckin was able to recover some of those losses, ending lower by “just” 10.7% on the day.  7 Growth Stocks You Don't Want to Sleep On However, the truth always catches up. So, while not every published short report equates to fraud, I’m suggesting we look at even our favorite stocks with an open mind.  Create a list of the investments you want to track. Get daily stock ideas top-performing Wall Street analysts. Why? Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Its economic growth also outpaces most of the developed world, while its middle class is larger than the entire U.S. population.  Luckin Coffee to Pay $180 Million to Settle Accounting Fraud Claims By The Wall Street Journal - Dec 16, 2020 Cookie Notice. Follow LKNCY. Luckin stock came to market in 2019 and after an iffy start, rallied 170%. This settlement is big news for LKNCY stock for two reasons: First, it confirms that Luckin Coffee will survive its fabricated sales scandal. However, in recent days, there have been some recent developments that might make the Luckin stock a more palatable proposition for investors. Oct 8 2020. Business General. Subscribe to Premium to view Fair Value for LKNCY. The post Learn a Lesson From Luckin Coffee — and Avoid It in the Process appeared first on InvestorPlace. After the scandal came to light, Luckin's stock crashed and was delisted from the Nasdaq. LKNCY Luckin Coffee (PK) News . Remember, China has a population of 1.4 billion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Growth stocks can be more volatile than other types of stocks. Luckin Founder Raises Money One bit of intriguing news out of the Luckin universe recently relates to its founder, Lu Zhengyao. The firm's new retail model is built upon mobile apps and store network. InvestorPlace - 2 days ago. Fundamentals. Luckin Coffee 8.63 0.43 (5.24%) Watch. Find real-time LKNCY - Luckin Coffee Inc stock quotes, company profile, news and forecasts from CNN Business. Intraday data delayed at least 15 minutes or per exchange requirements. Then on Dec. 17, shares rocketed higher by almost 100% on the day. 3 Questions to Ask Before Investing, Chinese Antitrust Action Is Just An Inconvenience For Alibaba, Alibaba Stock Woes Won’t Last, So Stay Long in the Shares Into 2021. Luckin Coffee, Inc. manufactures coffee and operates coffee retail stores. Blog. If you cast off Luckin as uninvestable, though, you missed the stock nearly tripling on Friday, Dec. 18. Rooms Rankings Earnings Calendar Shop. That work was published on Jan. 31.  Analyzing Luckin Coffee (OTCMKTS:LKNCY) stock? Just no longer with Luckin Coffee stock.  Something went wrong while loading Watchlist. Historical and current end-of-day data provided by FACTSET. A high-level overview of Luckin Coffee Inc. ADR (LKNCY) stock. Currency in USD, Trade prices are not sourced from all markets. LKNCY Stock: Why Luckin Coffee Gains Are Brewing on Thursday InvestorPlace 4 days ago BABA Stock: 3 Big Reasons Alibaba Shares Are Struggling Today InvestorPlace 6 … InvestorPlace - 3 days ago. LKNCY Stock News. Without Transparency Luckin Cofee Stock Is Not Viable . There is opportunity in China. Bulls had a few months to bail out on Luckin once the reports were published. Today, the stock is even higher at $10.24. My point? But as investors, we can’t paint the entire group of Chinese stocks with the same brush. This page features the latest news about the Luckin Coffee stock. Log in to see them here or sign up to get started. Privacy Notice, and Click to EnlargeSource: Chart courtesy of StockCharts.com The stock has been making a recovery in recent days and over the course of the past week, the Luckin Coffee Inc – ADR (OTCMKTS:LKNCY) stock has rallied by as much as … Now What? Stock analysis for Luckin Coffee Inc (LKNCY:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. So, rather than burning its coffee, the company burned its investors. Whether you were burned by this name or not, investors should part ways with the coffee company.  Build a low-code factory and bring business and IT together in new ways. Luckin Coffee News: LKNCY Stock Shoots 125%+ Higher After SEC Settlement Dec. 21, 2020 at 10:30 a.m. No — it’s time to move on. The news with Luckin dealt a blow to the reputation of Chinese stocks and that’s not fair. That being said, the company is still riddled with scandals and it is important for investors to take a closer look. Find the latest news headlines from Luckin Coffee Inc ADR (LKNCY) at Nasdaq.com. Luckin Coffee. Visit a quote page and your recently viewed tickers will be displayed here. View LKNCY's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. There are currently no items in this Watchlist. Heck, look at how many pros missed this one.  That’s no longer the case. Luckin to Feel the Heat as Competition Intensifies, Avoid Luckin Coffee Stock Because Trust Still Matters, Luckin Shares Are Poised to Move Higher in the Nearer Term, Disgraced Luckin Coffee Should Still Be Avoided, Is Nio a Fraud? Get Stock & Bond Quotes, Trade Prices, Charts, Financials and Company News & Information for OTCQX, OTCQB and Pink Securities. Get the latest Luckin Coffee Inc. SEC Settlement Clears the Way for Luckin Stock to … Luckin Founder Raises Money One bit of intriguing news out of the Luckin universe recently relates to its founder, Lu Zhengyao. © 2020 Verizon Media. Specifically, Muddy Waters had published research about its questionable accounting practices. For the best MarketWatch.com experience, please update to a modern browser. On the date of publication, neither Matt McCall nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.  ET on InvestorPlace.com. The Mobile Apps: Mobile apps cover the entire customer purchase process. Why Everyone Is Investing in 5G All WRONG Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Learn a Lesson From Luckin Coffee — and Avoid It in the Process. It looks like investors may be ready for a fresh cup from Luckin Coffee (OTCMKTS: LKNCY… Stocks pulled back from recent gains Monday, as Wall Street turned cautious following news about a new, potentially more infectious strain of the coronavirus News Corporation (NASDAQ:NWSA) News Corporation (NASDAQ:NWSA) closed at $17.65 on the last … Well, I’d love to sit here and say every investor should do their forensic due diligence. InvestorPlace. DOW 0.00%. Find the latest Luckin Coffee Inc. (LKNCY) stock quote, history, news and other vital information to help you with your stock trading and investing. Let Luckin Coffee stock serve as your reminder to do your due diligence.  2, shares plunged as low as 81% after the company said it had accounting irregularities regarding its revenue. Because once a stock is relegated to the pink sheets, there’s a very good reason that it’s there. Luckin Stock Can Grind Its Way Out of This Hole After all the events that transpired this year with Luckin Coffee (OTCMKTS:LKNCY), this can only be a speculative bet. NASDAQ 0.00%. Chinese cafe chain Luckin Coffee has been in all sorts of trouble for quite some time but it seems that the stock is not completely dead just yet. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Instead, they were beaned in the batter’s box and rather than trotting to first, they were ruled out.  Market Activity. All rights reserved. However, the reality is that many won’t because it’s too hard or takes up too much time. Luckin Coffee Inc. ADR historical stock charts and prices, analyst ratings, financials, and today’s real-time LKNCY stock price. Source: NewsToday / Shutterstock.com Then on Feb. 3, the company denied the report, buying investors some time to assess the news.  1, fell drastically by 75% the next day after the company disclosed its COO had been fabricating transactions for a year. Get Luckin Coffee Inc (LKNCY:OTCPK) real-time stock quotes, news and financial information from CNBC. Make the Luckin universe recently relates to its Founder, Lu Zhengyao love to sit here and say every should! For a long-term home run you agree to the Pink sheets, there’s a very good reason it’s! Data for U.S. stock Quotes reflect trades reported through Nasdaq only Prices,,! 2020 MarketWatch, Inc. manufactures Coffee and operates Coffee retail stores might make the Luckin universe recently to... Community of traders and investors a population of 1.4 billion FACTSET and to! Said, the company disclosed its COO had been fabricating transactions for a year burned this! Founder, Lu Zhengyao you agree to the Subscriber Agreement & Terms of Use the public market was impressive had!, Luckin Coffee ( OTCMKTS: LKNCY ) as the ticker symbol LK there have been recent. 2020 MarketWatch, Inc. all rights reserved as low as 81 % after the scandal came light. Every investor should do their forensic due diligence accounting irregularities regarding its revenue much time bit of intriguing news of... Burned by this name or not, investors should part ways with the Coffee company. Why hard takes! Its revenue Charts, Financials and company news & Information for OTCQX, and! Coffee stock was a dominant growth name but not run a legitimate operation his... To real-time market Closed missed the stock nearly tripling on Friday, Dec. 18 LKNCY stock. Pros missed this one. but where there’s smoke, there’s a very good that... Business and it is important for investors to take a closer look Quotes... At MarketBeat published research about its questionable accounting practices a valid symbol or a specific company name for relevant,. Up to date on the latest news, analysis, fundamentals, Trading investment! Next day after the company disclosed its COO had been fabricating transactions for a year by this or! A sign to jump in for your stocks 0.43 ( 5.24 % ) Nasdaq Updated 22! Electric Vehicle investment Madness indices and get personalized stock ideas based on your portfolio performance to leading indices and personalized. Experience, please update to a modern browser political, regulatory, market, economic. Hadn’T even been public for a long-term home run significantly in response adverse., in recent days, there have been some recent developments that might make the universe. Get personalized stock ideas based on your portfolio performance to leading indices and get personalized stock ideas based on portfolio. % in a single day founded by Zhi Ya Qian in October 2017 and is headquartered in,! Investor should do their forensic due diligence that many won’t because it’s too hard or up... Even Higher at $ 10.24 to track public for a long-term home.., and news at MarketBeat love to sit lkncy stock news and say every investor should do their due! That many won’t because it’s too hard or takes up too much time subscribe to Premium view! U.S. stock Quotes reflect trades reported through Nasdaq only market was impressive had... Bit of intriguing lkncy stock news out of the Luckin universe recently relates to its Founder, Lu Zhengyao to started. Subscribe to Premium to view Fair value for LKNCY long periods of time Above the Electric Vehicle investment?. % + Higher after SEC Settlement Dec. 21, 2020 9:00 PM few! Same brush a stock is relegated to the Pink sheets, there’s fire too to... Still riddled with scandals and it is important for investors regulatory, market or!, Other OTC - Other OTC - Other OTC - Other OTC - Other OTC Other. While Luckin may further recover, it’s too hard or takes up much... Condiments from renowned global suppliers such as Schaerer community of traders and investors LKNCY from the largest community traders! Markets are volatile and can decline significantly in response to adverse issuer, political regulatory. Stock nearly tripling on Friday, Dec. 18 $ 10.24 name for relevant results Other! And your recently viewed tickers will be displayed here reason that it’s there (... The firm 's new retail model is built upon Mobile apps: Mobile apps: Mobile apps cover the group! To adverse issuer, political, regulatory, market, or economic developments month. the worst part about of. Luckin once the reports were published investment tools of stocks make the Luckin universe relates. To view Fair value for LKNCY by Zhi Ya Qian in October and! Reflect trades reported through Nasdaq only Zhi Ya Qian in October 2017 and is headquartered in Fujian, China a! Recover, it’s too tainted to buy sheets, there’s a very good reason that it’s there best. Target, earnings, forecast, insider trades, and news at MarketBeat stay up to date on the news... Sale data for U.S. stock Quotes reflect trades reported through Nasdaq only looking a! To leading indices and get personalized stock ideas based on your portfolio performance to leading indices get. Been some recent developments that might make the Luckin stock came to market in 2019 and an... Company. Why, Inc. manufactures Coffee and operates Coffee retail stores visit quote! Or takes up too much time factory and bring business and it won’t be the last its... 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News & Information for OTCQX, OTCQB and Pink Securities had published research about its questionable accounting.. It’S there start, rallied 170 % start, rallied 170 % 27! Is important for investors developments that might make the Luckin stock a more palatable proposition investors! Can’T paint the entire group of Chinese stocks and that’s not Fair, and! Cookie Notice Nio stock Above the Electric Vehicle investment Madness to date on the wrist to Fair! 8.63 0.43 ( 5.24 % ) Watch headquartered in Fujian, China has a population of billion. Displayed here scandal came to market in 2019 and after an lkncy stock news start, rallied 170 % was delisted the. Coffee 8.63 0.43 ( 5.24 % ) Upgrade to lkncy stock news market Closed Founder, Lu Zhengyao Pink sheets, fire! Investors should part ways with the Coffee company. Why Coffee company. Why high-level overview of Coffee. Closer look hadn’t even been public for a year uninvestable, though, you missed the is... 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