Skip to main content

Market Overview

Why Luckin Coffee's Stock Is Trading Lower Today

Why Luckin Coffee's Stock Is Trading Lower Today

Luckin Coffee Inc. (NASDAQ: LK) shares are trading lower after the company received a delisting notice from Nasdaq for failure to file its Annual report.

The company announced it has not been able to file the Annual Report due to the impact of the delayed financial statement preparation process caused by COVID-19 and the pendency of the previously disclosed internal investigation.

Luckin Coffee is a China-based company engaged in the operation of coffee stores. It sources its Arabica coffee beans from various suppliers and engages World Barista Champion teams to design its coffee recipes.

Luckin Coffee's stock was trading down 16.04% at $2.67 per share on Tuesday at the time of publication. The company has a 52-week high of $51.38 and a 52-week low of $1.33.


Related Articles (LK)

View Comments and Join the Discussion!

Posted-In: why it's movingNews Penny Stocks Legal Movers Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at