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Luckin Coffee IPO brings in as much as $650.8M

SmartBrief Friday, 17 May 2019 ()
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News video: Luckin Coffee's piping hot IPO

Luckin Coffee's piping hot IPO 01:03

The Chinese challenger to Starbucks, Luckin Coffee, saw its shares zoom up 47 percent at the open as it debuted on the Nasdaq. But Fred Katayama reports, the startup warns it may keep losing money in the foreseeable future.

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Luckin Coffee's piping hot IPO [Video]Luckin Coffee's piping hot IPO

The Chinese challenger to Starbucks, Luckin Coffee, saw its shares zoom up 47 percent at the open as it debuted on the Nasdaq. But Fred Katayama reports, the startup warns it may keep losing money in..

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China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks [Video]China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks

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According to Reuters, The S&P 500 were trading flat but was off session lows on Friday as investors tracked trade headlines after China took a hard stance on its tariff war with the United States...

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Looking to Play the Luckin IPO? You May Be Better Off Playing the Preakness [Video]Looking to Play the Luckin IPO? You May Be Better Off Playing the Preakness

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Recent related news from verified sources

The misunderstandings of 18-month-old Luckin’s $500m IPO

Luckin Coffee is the most energizing IPO in recent memory, and not just because it sells caffeine. Most venture-backed startups can take a decade to reach the...
TechCrunch

Starbucks' China Rival Luckin Surges 53% in Market Debut

Shares of Luckin Coffee Inc. surged as much as 52.7% in their market debut on Friday, indicating strong investor demand for the self-declared challenger to...
Newsmax Also reported by •TechCrunchMarketWatchMotley Fool

Why Luckin Coffee Stock Popped 26% Today

Investors were enthusiastic about the fast-growing Chinese coffee chain on its IPO day, though it's far from turning a profit.
Motley Fool

What Happened in the Stock Market Today

Pinterest fell after it reported results for the first time since its IPO and Chinese coffee chain Luckin Coffee went public.
Motley Fool

Luckin Coffee skyrockets in IPO open


SeekingAlpha

After Hours: Qualcomm Hangups, Luckin Coffee's Debut

The post-market trading scene isn't particularly on fire, although there was a hot IPO during the day.
Motley Fool

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