WebOn January 31, 2024, the short-selling firm Muddy Waters Research posted an anonymous report stating that Luckin misrepresented its financial statements in 2024. The report … Web31 ian. 2024 · Luckin Coffee_Anonymous.pdf. 4:00 PM · Jan 31, 2024. 380. Retweets. 252. Quotes. 1,060. ... Muddy is back baby!! Missed you ... Steks. @bsteks · Jan 31, 2024. …
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Web29 iun. 2024 · A barista makes coffee at a Luckin branch in Beijing in February. Photo: Yan Cong for The Wall Street Journal. In January, days after the shares of Luckin Coffee Inc. … Web8 apr. 2024 · Just days after short-seller Muddy Waters’ allegations of malfeasance at Luckin Coffee were vindicated, with Luckin admitting it fabricated sales worth over USD … in care of mailing meaning
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Muddy Waters gained notability on 2011 following the release of a negative research report on Sino-Forest Corp, in which Muddy Waters alleged that the company was fraudulently inflating its assets and earnings hence, making the company's shares worthless. Muddy Waters declared that the Sino-Forest was a "multi-billion dollar ponzi scheme". As a result, shares of Sino-Forest fell by 82% following Muddy Waters report, forcing prominent investor John Paulson to sell his entire st… Web10 feb. 2024 · Shares in Luckin Coffee plummeted by 11% on Friday after Muddy Waters Research, a China-focused short-seller research and investment firm, tweeted that it … Web2 apr. 2024 · the outside world. On February 1, 2024, Muddy Waters Research issued an 89-page short report against Luckin coffee, which sent the company's shares down 24 percent. On April 2, 2024, the fraudulent transactions of Luckin coffee company were exposed, involving a total amount of 2.2 billion yuan. The negative impact of financial fraud in care of name là gì