No Picture
Trading Ideas

BarkBox IPO: Stock to Hit Market in 2021 Via SPAC

A BarkBox IPO is officially coming to the market. The company recently announced BarkBox stock will trade on the NYSE next year. After the success of Chewy and recent filing from Petco, investors are showing interest in this opportunity.
But should you invest in BarkBox? Here’s what we know…

BarkBox IPO: The Business
Executive Chairman Matt Meeker, Henrik Werdelin and Carly Strife founded BarkBox (BARK) in 2012. Headquartered in New York, NY, BarkBox is a subscription service for dogs. It provides toys, treats, home products and health services. BARK has 6.5 million customers, 1.1 million active subscriptions and 8.5 million followers on social …read more […]

No Picture
Trading Ideas

Can Luckin Coffee Stock Recover in 2021?

Luckin Coffee (OTC: LKNCY) has had a year of turmoil. Although much of the stock market recovered from a rough winter, Luckin Coffee stock has yet to recover from its devastating spring. But that’s because its woes are alleged financial fraud, not COVID-19 or the broader economy.
As a result, the Starbucks Corp (Nasdaq: SBUX) competitor from China has lost much of its value. The stock dropped about 90% from its highs in January. But is there a chance that Luckin Coffee could recover?
In this article, we will look at the latest developments in the Luckin Coffee scandal and see if …read more […]