Web28 mai 2024 · Then, on Jan. 31, Muddy Waters LLC, a U.S. short seller with a record of exposing misbehavior at Chinese companies, circulated an 89-page unattributed report on Luckin. The report said an examination of more than 11,000 hours of video footage of customer comings and goings, of more than 25,000 customer receipts and of … WebAs a high-profile Chinese concept stocks, it makes sense that the unreasonable expanding speed and unsustainable business model would trigger the interests of this financial hunter. At the first day of February, Muddy Waters released a short-selling report(做 空 報 告)targeting Luckin Coffee, which caused a 76 percent collapse in Luckin’s stock price …
Luckin Coffee Faces Fraud Allegations from Anonymous Report
WebLuckin Coffee Inc. (chinesisch ... Januar 2024 veröffentlichte der Leerverkäufer Muddy Waters Research einen anonymen 89-seitigen Bericht auf Twitter, in dem behauptet wurde, Luckin Coffee habe finanzielle und operative Zahlen gefälscht. Dem Bericht zufolge wurde die Anzahl der pro Geschäft verkauften Artikel im dritten Quartal um ... Web10 mar. 2024 · An internal investigation from Luckin Coffee later determined its chief operating officer fabricated sales, and the stock was eventually delisted from the Nasdaq … kidz bop kids songs that you can listen to
Analysis of Short Selling
WebThe writer who submitted the report to Muddy Waters also alleges that Luckin Coffee has been "fabricating financial and operating numbers" since the third Luckin Coffee Inc In a new filing, Luckin said it plans to sell 30 million shares at an initial range of $15-$17 MarketWatch could not confirm the authenticity of the report, but Luckin ... Web1 iun. 2024 · On that day, Muddy Waters Research – a U.S. investment firm famous for its successful attacks on firms with weak governance – announced its intention to short sell Luckin. The market responded with massive selling immediately. As a result, Luckin’s closing price went down to $32.49, a 10% decline from the previous closing of $36.40. Web31 ian. 2024 · Shares of Luckin Coffee, fall on an unconfirmed report from a short seller at Muddy Waters Research that the brand was fabricating its financial and operating … kidz bop kids shallow