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May 17, 2019 09:35 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iP8TQoxzcrM/
Starbucks Chinese nemesis surges 20% in public debut
Shares of Luckin Coffee jumped 20% in its first day of trading on the Nasdaq stock market. After opening at $17.00, shares of the Chinese Starbucks competitor climbed as high as $25.96, or more than 50%, before settling back down to $20.38 at the market’s close. The company has a market cap north of $5 […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iP8TQoxzcrM/
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