Luckin Coffee

Why Investors Should Continue To Avoid Luckin Stock

There’s no compelling reason to get excited about this stock. The only real news out there is that Chinese regulatory authorities will impose a 61 million yuan penalty against the company after it admitted to fabricating revenue earlier this year.

The Revival in Luckin Coffee Could Score You 1,000% Gains

In InvestorPlace’s financial newsletter The Daily 10X Stock Report, which is aimed at delivering to your inbox, every single day, a stock pick that could rise by at least 10x, I alerted subscribers on July 27 that disgraced and beaten-up Luckin Coffee (OTCMKTS:LKNCY), despite all odds, looked like a strong buy with huge upside potential. Since then, Luckin stock surged more than 125% higher.