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Luckin crashes in resumed trading as delisting clock ticks

Linda J. Dodson 5 years ago

HONG KONG — Luckin Coffee opened its first day of trading in six weeks with a 43% nosedive on Wednesday, as investors hurried to sell off shares after a six-week freeze that ended with the Chinese Starbucks challenger saying it faced desliting by Nasdaq. The stock, which peaked at $51.38 earlier […]

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