A Bull Run Is Coming: 1 Growth Stock Down 50% That Won't Stay Cheap for Long
With its shares up by a whopping 200% in the last 12 months, it might be surprising to know that Luckin Coffee (OTC: LKNC.Y) is still trading for less than half its all-time high of $50, which was reached in early 2020. With 9,351 total locations, Luckin is the largest Coffee chain in China. For context, U.S.-based rival Starbucks operates a little over 6,000 stores in China and almost 36,000 globally.