Why Luckin Coffee, Beyond Meat, and Achillion Pharmaceuticals Jumped Today [The Motley Fool]
Luckin Coffee Inc. (LK)
Last luckin coffee inc. earnings: 11/13 06:00 am
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Source: The Motley Fool
Why Luckin Coffee, Beyond Meat, and Achillion Pharmaceuticals Jumped Today Find out how these stocks helped lead the overall market higher. The stock market posted modest gains on Monday, seeking to power back toward its recent record-high levels. Global macroeconomic and geopolitical issues remain in play on Wall Street, but investors don't seem to have a good sense of which way they're likely to push stocks once they start to get resolved. Market participants largely focused on individual companies, some of which saw strong gains for their shares. Luckin Coffee ( NASDAQ:LK ) , Beyond Meat ( NASDAQ:BYND ) , and Achillion Pharmaceuticals ( NASDAQ:ACHN ) were among the top performers. Here's why they did so well. Shares of Luckin Coffee climbed 8% after the Chinese coffee specialist announced plans to expand into nearby markets. The company said Monday that it will set up a joint venture with Kuwait Food Company Americana, with the intent of launching a new retail coffee business in
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