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Forward-looking statements involve inherent risks and uncertainties. View which stocks are hot on social media with MarketBeat's trending stocks report.

Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. More than two dozen employees will be either terminated or subject to disciplinary action, including employees who were previously suspended.

Clearly, legacy automaker General Motors (NYSE:GM) is in a much stronger place now thanks to the restructuring steps taken during bankruptcy in the Great Recession., not to mention some astute decisions by GM leadership toward meeting the industry's evolution.And the U.S. airline industry is no stranger to the bankruptcy process.But the case of Whiting Petroleum is different. Source: FactSet,Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Luckin said at the time that the effort was a result of its investigation into the company, which has already dismissed a number of top executives including the chief executive.

A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide products and services to attract and retain buyers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to rely on merchants and third-party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with merchants; trends and competition in China’s e-commerce market; changes in its revenues and certain cost or expense items; the expected growth of China’s e-commerce market; PRC governmental policies and regulations relating to the Company’s industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing.

MarcumBP succeeds Ernst & Young Hua Ming LLP ("EY"), which previously was the independent auditor providing audit services to the Company. Phone: +1 646 880 9039Media Relations:Luckin Coffee Inc. PR Email: pr@luckincoffee.com,Kyle Dennis took a leap of faith and decided to invest his savings of $15K in the stock market — $2.8M later, he owes his success to these strategies.The lure of a low-priced stock is irresistible to many potential investors, as shares of troubled oil producer Whiting Petroleum (NYSE:WLL) are showing. Sources: FactSet, Tullett Prebon,Currencies: Currency quotes are updated in real-time. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. The Mobile Apps: Mobile apps cover the entire customer purchase process. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Private Securities Litigation Reform Act of 1995. The Board currently consists of four independent directors, namely Mr. Yang Cha, Mr. Wai Yuen Chong, Mr. Feng Liu and Mr. Sean Shao, and three management directors, namely Mr. Wenbao Cao, Mr. Jinyi Guo and Mr. This company declared bankruptcy and hosed its shareholders in the restructuring process. Gang Wu. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Get short term trading ideas from the MarketBeat Idea Engine. Rooms Trade App. The ADRs rose 0.3% in the extended session Monday after ending the regular trading day down 22%.An investigation into the accounting misdeeds at Luckin Coffee Inc. has concluded that the company's chairman knew -- or should have known -- about the fabricated transactions that inflated the Chinese coffee chain's sales last year, according to a person familiar with the matter.Disgraced Chinese coffee chain Luckin Coffee Inc. disclosed Thursday afternoon that the board of directors' attempt to oust its chairman had failed.

It was buoyed by more expensive oil and hit the rocks when the commodity crashed.

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