The stock of Luckin Coffee was halted this morning; what could this mean for the future of the stock? And, what do the different trading halt codes mean? (Timestamps BELOW) #FinanceED #RobinhoodInvesting #luckinCoffee #stockmarket

In tonight's edition of the Nightly Business Review we take a look at this crazy news about Luckin Coffee's halt. I go over some scenarios about what this news could mean for Luckin Coffee's stock; and, I also explain the most common trading halts.

Stay informed.

What the Luckin Coffee Stock Halt could be all about (0:15)

Stock Trading Halts Time stamps:

What is a Stock Trading Halt? (2:35)

T1 Stock Trading Halt (3:15)

T12 Stock Trading Halt (3:30)

H4 Stock Trading Halt (3:46)

H9 Stock Trading Halt (4:03)

T5 Stock Trading Halt (4:36)

Let's learn and understand these major developments in the global equity markets!

Stocks Covered in Today's Episode:

Luckin Coffee Inc - ADR NASDAQ: LK

S&P 500 Index INDEXSP: .INX

Starbucks Corporation NASDAQ: SBUX

From Motley Fool: "...Haode Investment, a company controlled by chairman Charles Zhengyao Lu, defaulted on a $518 million margin loan to a syndicate of banks, according to a press release issued by one of the syndicate members, American investment bank Goldman Sachs (NYSE:GS)Nearly 611 million shares of Luckin Coffee stock have been pledged as collateral in the loan, Goldman wrote, which includes shares pledged by the family trust of the company's CEO, Jenny Zhiya Qian. Over 515 million shares of that stock are Class B ordinary shares."

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