Coffee's for Closers: How a Short Seller's Warning Helped Take Down Luckin Coffee

In January, days after the shares of Luckin Coffee hit a record high on the Nasdaq Stock Market, giving the company a $12 billion valuation, a cryptic email arrived in the inboxes of multiple short sellers.

Coffee's for Closers: How a Short Seller's Warning Helped Take Down Luckin Coffee
In January, days after the shares of Luckin Coffee hit a record high on the Nasdaq Stock Market, giving the company a $12 billion valuation, a cryptic email arrived in the inboxes of multiple short sellers.