Luckin Coffee News June 2020. By william white, investorplace writer jun 5, 2020, 4:21 pm est june 5, 2020 luckin coffee (nasdaq: Lk stock has briefly caught a bid this week after falling over 95%.
Listed on the nasdaq on may 17, 2019, the company's major shareholders are luckin coffee (hong kong) ltd. China's markets regulator said on tuesday it has fined a group of 45 firms including luckin coffee a combined 61 million yuan ($8.98 million) for acts linked to luckin's falsification of financial. Earlier media reported that ruixing coffee’s “fake door” was upgraded, and the evidence that the company’s chairman lu zhengyao participated in the falsification has been mastered.
Luckin coffee previously said it received two written notices from the nasdaq stock market indicating the grounds of its decision to delist the company's securities from nasdaq.
Daily chart of luckin coffee, inc. Please visit us at bloomberg.comsubscribe now to stay ahead with the most trusted business news source. Zhitong finance app learned that before the us stock market on june 15 (monday), as of 16:20, lucky coffee (lk.us) fell 7.71% to $3.59. Daily chart of luckin coffee, inc.