As of 3:30 p.m. EDT, Luckin’s stock was up more than 50%. With the big red flag of fraud tarnishing their reputation, there's no good reason to buy Luckin Coffee's stock right now.Firstly, due to the risk of delisting. Luckin Coffee - what the hell happened today? What happened. It was. Luckin Coffee Inc. (NASDAQ: LK) has confirmed the company is under investigation by a Chinese regulator.

Chinese coffee chain super-brand Luckin Coffee has been in the spotlight the past week after the company revealed in an SEC filing that it has undertaken an internal investigation into an … But that’s not what’s happened, or at least not so far. I tossed a minuscule amount at it a couple weeks ago to buy 15 shares (~$31) and sold my shares today at $3.95 for a net profit of $25-27. I tossed a minuscule amount at it a couple weeks ago to buy 15 shares (~$31) and sold my shares today at $3.95 for a net profit of $25-27. Luckin Coffee did not immediately respond to a request from the BBC for further comment. It went up nearly 100% today with zero news or observable reason. IPO pinch hitter. So what.

Even after today’s gains, Luckin Coffee’s stock is still down more than 95% from the highs it reached in January. We've been tracking Luckin Coffee, the world's fastest-growing chain in the world, since its high-speed beginnings.

The country’s top securities regulator, the China Securities Regulatory Commission, is already carrying out its own probe into Luckin. In March, a month before Luckin Coffee filed for its IPO, I wrote a three-part series on The company’s most recent report, considered outstanding, had revenue more than tripling from a year earlier. So what.

Luckin, a rival to Starbucks Corporation (NASDAQ: SBUX) in China, is …

A Cautionary Tale of Luckin Coffee Luckin Coffee shares were halted for pending news earlier this month, but that news has yet to appear. Shares of Luckin Coffee surged on Friday, continuing the stock's incredible ascent off its lows. Luckin is next due to report April 1, with a loss … What Happened. What happened. As Luckin Coffee gets its start on the NASDAQ, there’s a conspicuous absence in its corporate filings and press conferences. Can anyone speculate on what happened today with Luckin (LK)?
We've known that this moment would come, but now that it's here, the excitement is, …

What happened.

In a press release late Tuesday, Luckin said it will enter the "unmanned retail market" via the launch of its Luckin Coffee Express coffee machine and its Luckin … What happened after April Fool’s Day this year was no laughing matter to the unlucky investors, including myself, who felt the financial massacre from Luckin’s latest fallout.

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