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Trading Ideas

Can Luckin Coffee Stock Recover in 2021?

Luckin Coffee (OTC: LKNCY) has had a year of turmoil. Although much of the stock market recovered from a rough winter, Luckin Coffee stock has yet to recover from its devastating spring. But that’s because its woes are alleged financial fraud, not COVID-19 or the broader economy.
As a result, the Starbucks Corp (Nasdaq: SBUX) competitor from China has lost much of its value. The stock dropped about 90% from its highs in January. But is there a chance that Luckin Coffee could recover?
In this article, we will look at the latest developments in the Luckin Coffee scandal and see if …read more […]

Newsmakers

CloudMD (OTC: DOCRF) to Acquire IDYA4, a North American Leader in Healthcare Data Integration and Cybersecurity

Innovative, health data integration and security technology solution leveraging various information sharing standards supported by the U.S. Department of Justice, the U.S. Department of Homeland Security, U.S Health and Human Services and currently in use by […]