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Starbucks shares rise after Luckin Coffee bankruptcy filing

  • Top News
  • February 16, 2021
  • 761

From marketwatch.com

Starbucks Corp.’s stock SBUX, +0.81% edged up in Tuesday trading, putting it on track to snap a five-say losing streak, after Chinese competitor Luckin Coffee Inc. LKNCY, +4.39% moved forward with a Chapter 15 bankruptcy filing.

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Tags: Coffee Coffee Industry Featured News Luckin Coffee Starbucks Starbucks shares Stock Market
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