MW Luckin Coffee stock jumps after financial restatement
Luckin Coffee Inc. (LKNCY) stock jumped 8.2% in Wednesday premarket trading after the Chinese-based coffee purveyor released its restated fourth-quarter 2019 financial results. Luckin Coffee "substantially completed" . Luckin stock has gained 8.7% for the year to date while the S&P 500 index is up 14.3% for the period.
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June 30, 2021 08:59 ET (12:59 GMT)
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