Luckin Coffee Share Price Today
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How has Luckin Coffees share price performed over time and what events caused price changes.
Luckin coffee share price today. LKNCY Stock Shoots 125 Higher Afte. Luckin in September 2019 launched tea beverages but until then had been primarily a coffee concept. Shares in Luckin Coffee Inc are currently priced at 705.
Paying a 180 million fine Luckin stock promptly doubled on the news I. Assuming that share positioning remains at 35 then in a China retail coffee market that may feature 70000 shops by 2030 Luckin could be operating around 25000 coffee shops in China alone. View the latest Luckin Coffee Inc.
ADR LKNCY stock price news historical charts analyst ratings and financial information from WSJ. Company profile page for Luckin Coffee Inc including stock price company news press releases executives board members and contact information. Latest Share Price and Events.
LKNCY is more volatile than 90 of US stocks over the past 3 months typically moving - 32 a week. How many employees does Luckin Coffee have. This represents a gain of 182 over todays price of 850 per share.
Even if we discount the price in the future by 15 for three years that means it is worth 1581 or 657 of the mid-price. Bloomberg -- Embattled Chinese coffee chain Luckin Coffee Inc. I ended up selling it for 500 per share.
The market for coffee simply wasnt big enough to warrant the level of growth and sales Luckin was expecting at least without a tea brand to offer the product consumers really like in that market. I flew back and bought 1000 shares of Luckin Coffee for 50 per share convinced that it would go to 100 per share. How much money does Luckin Coffee make.
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