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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
06/22/2020 |
$3.54 |
$3.65 |
$3.07 |
$3.18 |
38.16M | 06/23/2020 |
$2.66 |
$3.00 |
$2.57 |
$2.79 |
42.76M | 06/24/2020 |
$2.74 |
$3.39 |
$2.74 |
$3.14 |
34.71M | 06/25/2020 |
$3.08 |
$3.14 |
$2.87 |
$3.00 |
11.82M | 06/26/2020 |
$2.10 |
$2.46 |
$1.16 |
$1.38 |
162.21M |
 |
Luckin Coffee is a coffee brand and professional coffee service company. Co. maintains a technology-driven retail model to provide premium coffee and other products to its customers. Co.'s retail model is built upon its mobile apps and store network. Co.'s product selection includes coffee, non-coffee drinks, snacks, light meals and other products. Co. sources Arabica coffee beans from suppliers and engages Barista teams to design its coffee recipes. Co. procures coffee machines and coffee condiments from global suppliers such as Schaerer. Co. also partners with suppliers for its other products such as juices and light meals. As of Mar. 31, 2019, Co. operated 2,370 stores in China. | |
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LK (LK) has the following price history information. Looking back at LK historical stock prices for the last five trading days, on June 22, 2020, LK opened at $3.54, traded as high as $3.65 and as low as $3.07, and closed at $3.18. Trading volume was a total of 38.16M shares. On June 23, 2020, LK opened at $2.66, traded as high as $3.00 and as low as $2.57, and closed at $2.79. Trading volume was a total of 42.76M shares. On June 24, 2020, LK opened at $2.74, traded as high as $3.39 and as low as $2.74, and closed at $3.14. Trading volume was a total of 34.71M shares. On June 25, 2020, LK opened at $3.08, traded as high as $3.14 and as low as $2.87, and closed at $3.00. Trading volume was a total of 11.82M shares. On June 26, 2020, LK opened at $2.10, traded as high as $2.46 and as low as $1.16, and closed at $1.38. Trading volume was a total of 162.21M shares.
LK Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into LK shares, starting with a $10,000 purchase of LK, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/21/2019 |
|
End date: |
06/26/2020 |
|
Start price/share: |
$17.33 |
|
End price/share: |
$1.38 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-92.04% |
|
Average Annual Total Return: |
-89.95% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$796.19 |
|
Years: |
1.10 |
|
|
 |
Date |
Close |
06/22/2020 | $3.18 | 06/23/2020 | $2.79 | 06/24/2020 | $3.14 | 06/25/2020 | $3.00 | 06/26/2020 | $1.38 |
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