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-0.00141242937853104 -0.0056497175141243 -0.0254237288135593 -0.021186440677966 -0.0225988700564972 -0.0112994350282486 -0.0508474576271186 -0.0494350282485875
Stock impact report

Muddy Waters Wins Twitter War With Citron Over Luckin [Yahoo! Finance News]

Luckin Coffee Inc. (LK) 
Last luckin coffee inc. earnings: 11/13 06:00 am Check Earnings Report
) -- Muddy Waters Capital’s CEO Carson Block finally bested fellow short seller Andrew Left of Citron Research when Luckin Coffee Inc. disclosed Thursday that its board is investigating reports that senior executives and employees fabricated transactions -- sending its stock plunging. In late January, Block and Left engaged in a heated battle on Twitter over the Chinese coffee shop chain.Luckin shares collapsed as much as 81%, the most intraday since its IPO last May.Back on Jan. 31, Block tweeted that it had a short on Luckin after receiving what it called a “credible,” unattributed 89-page report that alleged accounting issues with the chain, and a broken business model. Less than two hours later, Left defended the coffee chain in a tweet of its own, saying the findings didn’t mesh with recent data indicating that Luckin’s business is “on fire” in China.“There was a piece of research circulated by an anonymous third party and Muddy Waters ran with it, more power to him,” Left wrote Show less Read more
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