Nasdaq Suspends Luckin Coffee Shares From Trading Starting Monday

Luckin Coffee (NASDAQ: LK) will no longer be traded on the Nasdaq Stock Market after its close today. 

The scandal-ridden coffee shop decided not to challenge the two delisting notices it received from Nasdaq, meaning the stock will be suspended from trading before the market opens on Monday and shares will be eventually delisted.

Image source: Getty Images.

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Source Fool.com