Luckin Coffee leaves investors bitter with 39% drop from post-IPO high

Luckin Coffee leaves investors bitter with 39% drop from post-IPO high

A customer exits a Luckin Coffee outlet in Beijing, China, on Tuesday, Jan. 15, 2019. Photographer: Gilles Sabrie/Bloomberg

Luckin Coffee Inc.’s initial public offering was met with great fanfare — and then it wasn’t.

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