Why Luckin Coffee Stock Dropped 7% This Morning
Shares of beleaguered Chinese coffee stock Luckin Coffee (NASDAQ: LK) are slumping in early trading Wednesday -- and for a change, this time it's not necessarily Luckin's own fault. Instead of revelations of accounting fraud or management resignations, today it's an international military conflict making investors uncertain about investing in China.
Oh, and a bit of coronavirus news as well.
Image source: Getty Images.
Source Fool.com
