Workflow
Luckin Coffee stock still at risk as revenue growth accelerates
LKNCYLuckin Coffee(LKNCY) Invezz·2024-04-30 12:05

Luckin Coffee stock price was little changed in the pre-market session after the company published its first-quarter results. It was trading at 21.13inNewYork,whereitendedthedayonMonday.Ithascrashedbyover2321.13 in New York, where it ended the day on Monday. It has crashed by over 23% this year amid rising concerns about the rising coffee prices.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Luckin Coffee earningsCopy link to sectionLuckin Coffee’s revenue for the quarter came in at 869 million, a 41.5% incre ...