Nasdaq Scheduled Resumption in Luckin Coffee Inc.

Rhea-AI Summary

Nasdaq announced that trading in Luckin Coffee Inc. (NDAQ: LK) will resume on May 20, 2020, at 7:00 a.m. Eastern Time. The stock was halted on April 7, 2020, at 9:15:25 Eastern Time due to regulatory issues. This resumption follows the company's efforts to address compliance matters. For further details, investors can access information under the company’s symbol using InfoQuotes on the Nasdaq website.

Positive

• Trading in Luckin Coffee will resume after a halt, indicating potential resolution of prior issues.

Negative

• Trading was halted for over a month, signaling significant regulatory concerns.

NEW YORK, May 19, 2020 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market^® (Nasdaq: NDAQ) announced that trading in Luckin Coffee Inc. (Nasdaq: LK) is scheduled to resume on Wednesday, May 20, 2020, at 7:00 a.m. Eastern Time.  Trading in the company’s stock was halted on April 7, 2020 at 9:15:25 Eastern Time.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes^SM on the Nasdaq^® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

NDAQO

Nasdaq Media Contact:
Bianca Fata
Bianca.Fata@nasdaq.com

FAQ

When will trading in Luckin Coffee Inc. resume?

Trading in Luckin Coffee Inc. (NDAQ: LK) is scheduled to resume on May 20, 2020.

Why was Luckin Coffee's trading halted?

Trading was halted due to regulatory issues and concerns regarding the company's compliance.

What time will Luckin Coffee's trading resume?

Trading will resume at 7:00 a.m. Eastern Time on May 20, 2020.

What is the significance of the trading halt for Luckin Coffee?

The halt indicates significant regulatory concerns that the company needed to address before resuming trading.