Luckin Coffee stock plummets after probe finds COO fabricated sales

Luckin Coffee stock plummets after probe finds COO fabricated sales

Reinout Schakel, chief financial officer of Luckin Coffee Inc., speaks during a television interview ahead of the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Friday, May 17, 2019. Victor J. Blue | Bloomberg | Getty Images...
5 things to know before the stock market opens March 25, 2020

5 things to know before the stock market opens March 25, 2020

1. Stock futures volatile after Dow’s best day in 87 years Dow futures saw wild swings Wednesday between strong gains and modest losses. Investors overnight had been encouraged by the White House and Senate reaching a deal on a $2 trillion coronavirus stimulus...
5 things to know before the stock market opens March 20, 2020

5 things to know before the stock market opens March 20, 2020

1. Dow set for gains Friday but steep weekly losses A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18, 2020. Michael Nagle | Xinhua News Agency | Getty Images Dow futures were pointing to about a 600-point jump at...