Luckin leaves bitter aftertaste, now trading below IPO price - dailyOnews

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Friday, May 24, 2019

Luckin leaves bitter aftertaste, now trading below IPO price



In the first few days following Luckin Coffee’s initial public offering, the stock chart for LK looked like a roller coaster. Now it’s looking more like a freefall. The Chinese Coffee chain successfully completed its highly anticipated offering roughly a week ago, raising over $550 million after pr…

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