29.75 +0.06 (0.20%)
After hours: 7:37PM EST
|Bid||29.68 x 900|
|Ask||29.75 x 1400|
|Day's Range||29.01 - 30.29|
|52 Week Range||13.71 - 33.48|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
China’s rival to the US chain has none of these but offers cheaper coffee, quick mobile payments and home deliveries. This has been enough for Luckin Coffee to quintuple customer numbers in the third quarter. Luckin expects to overtake Starbucks, with 4,650 stores by the year end.
On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about high call options activity in L Brands Inc (NYSE: LB ). He explained that around 11,000 contracts of the December $20 calls were ...
Brown-Forman's (BF.B) second-quarter fiscal 2020 sales and earnings beat estimates on broad-based growth across geographies and the brand portfolio.
On CNBC's "Fast Money Halftime Report," Jim Lebenthal revealed he is bullish on Cleveland-Cliffs Inc (NYSE: CLF ) because of the CEO, Lourenco Goncalves. Jon Najarian would not buy Slack Technologies ...
Constellation Brands (STZ) agrees to sell the Ballast Point brand and related assets to Kings & Convicts. The sale is likely to boost the company's depletion and margins.
PepsiCo (PEP) plans to buy BFY Brands to enhance its snacking portfolio. BFY Brands' production capabilities will support the growth of PepsiCo's existing, more-nutritious snack brands.
Lone Pine disclosed that it owns millions of American depositary receipts in the Chinese coffee chain, and Melvin Capital has nearly doubled its stake.
Here are three stocks with continued technical momentum in the days and weeks after strong earnings releases. Clovis Oncology, Inc . (NASDAQ: CLVS ) jumped 75 cents to $7.76 on 8.1 million shares Thursday. ...
Here are three stocks with continued technical momentum in the days and weeks after strong earnings releases. Clovis Oncology Inc. (CLVS) jumped 75 cents to $7.76 on 8.1 million shares traded Thursday.
On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Verizon Communications Inc. (NYSE: VZ ). Options traders bought around 10,000 contracts of ...
Britvic's (BTVCY) fiscal 2019 earnings are likely to have benefited from robust brand portfolio and strategic buyouts. However, business failures and stiff competition are concerns.
Luckin Coffee's stock has been on fire of late. Yahoo Finance speaks with Luckin Coffee CFO Reinout Schakel about the company's plans.
IBD Stock Of The Day: Luckin Coffee cleared a buy point Monday, continuing to surge following earnings and plans to overtake Starbucks in China.
If you don't know Luckin Coffee (NASDAQ: LK), let us help you: it's Chinese Starbucks Corporation (NASDAQ: SBUX) that is posing quite a headache to Starbucks Corporation in China. Perhaps the most unique feature Luckin Coffee just revealed is its business model extension.
This week was a rough one for slow-burning Canadian marijuana stocks. Headlines of big-name companies' miserable earnings dominated financial media coverage. But don't let Cronos Group's (NASDAQ:CRON) revenue miss and the post-earnings drop in CRON stock get you down. In this week's episode of "Moneyline," Matt McCall is here to reassure you that the long-term potential is still there. For now, you may just want to look to our home-grown American pot companies.Earlier this week, Cronos reported adjusted losses per share of 2 cents, actually beating estimates. But it seems like investors were more concerned with CRON's revenue of $10.1 million, which missed estimates of $10.45 million.For McCall, the biggest problem with CRON stock isn't its short-term performance. Heck, in the next five years, he's positive that marijuana will be legal at the federal level in the U.S. That will be a huge catalyst for struggling stocks. But to him, that doesn't completely justify Cronos' $2.2 billion market capitalization.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut just across the border in the United States, two marijuana stocks reported earnings worthy of even short-term optimism. Acreage Holdings (OTCMKTS:ACRGF), most famous for its pending deal with Canopy Growth (NYSE:CGC), reported revenue of $22.4 million. What's the catch? Acreage's market cap is just $340 million. And Charlotte's Web (OTCMKTS:CWBHF), one of McCall's favorite companies, reported the upcoming opening of a 136,000 square foot facility. That shows it's clearly ready to keep scaling. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside So don't let the headlines ruin your high just yet. As U.S. politicians debate federal legalization and the Food and Drug Administration works on reviewing the medical benefits of cannabidiol, investors should sit back and give marijuana stocks some time. McCall's PodcastSo, maybe you don't like marijuana stocks or pot in general. But what if you're an avid coffee drinker? Earlier in the year, McCall visited China to do boots-on-the-ground research. There, he checked in on recent IPO Luckin Coffee (NASDAQ:LK). After visiting a shop in Shanghai and tasting what LK had to offer, he wasn't initially impressed. But now, after Luckin reported revenue growth of 540% quarter-over-quarter, he's starting to sip on what LK stock has to offer.This company, often known as the Starbucks (NASDAQ:SBUX) of China, isn't the only hot stock he's starting to watch. Tune into this episode for three to watch -- and learn which one he sees as a "screaming buy." These three names, Sherwin-Wiliams (NYSE:SHW), Allegiant Travel (NASDAQ:ALGT) and Lululemon (NASDAQ:LULU) all play on big long-term themes that have him excited. And if you know McCall, you know he loves to invest based on these intense long-term trends.Make sure to listen in to this episode of "Moneyline" for more on stocks to watch and his reviews of Luckin Coffee's brew. Plus, you'll even get a preview of his recent travels to Portugal.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and+1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post Investors Can Still Get High on American Marijuana Stocks appeared first on InvestorPlace.
Investors should pay attention to the latest China economic data, increasing competition from Chinese startups, and the battle for technology leadership between the U.S. and China.
Luckin Coffee is buzzing after the coffee chain released its Q3 earnings report. Luckin Coffee's CFO Reinout Schakel joins Yahoo Finance’s Brian Sozzi and Alexis Christoforous to break down the company’s escalated growth on The First Trade.