Friday, April 3, 2020

Shares of China's Luckin Coffee plummet 80% after investigation finds COO fabricated sales

Luckin Coffee disclosed that an internal investigation has found that its chief operating officer fabricated 2019 sales by about 2.2 billion yuan.

from International: Top News And Analysis https://www.cnbc.com/2020/04/02/luckin-coffee-stock-plummets-after-investigation-finds-coo-fabricated-sales.html

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