What's happening to CPNG stock?
Mar 10, 2022 · CPNG Stock Dives on Block Sale Reports. Today, reports of a massive block sale appear to be the key driver behind Coupang’s decline. …
What was CPNG’s (CPNG) quarterly losses compared to the Zacks consensus estimate?
Jan 10, 2022 · Coupang (NYSE: CPNG) stock is falling on Monday despite a lack of news from the South Korean e-commerce company. The Coupang (CPNG stock) campus in Silicon Valley, California. Searching around the ...
What's happening with Coupang (CPNG)?
Jan 10, 2022 · CPNG stock is down 10.1% as of Monday morning and is already down 18.7% since the start of the year. Investors on the lookout for …
Why is Coupang’s share price booming?
May 11, 2022 · The drop extended the stock's downward trend this year, with it dropping over 35% in just the last month. Rather it was a warning in the company's Securities and Exchange Commission (SEC) filing.
Why CPNG stock is down today?
Is CPNG a good buy?
Why is Coupang tanking?
How many shares does Coupang have?
| Avg Vol (3 month) 3 | 11.16M |
|---|---|
| Shares Outstanding 5 | 1.59B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 904.32M |
| % Held by Insiders 1 | 2.42% |
Is CPNG a buy Zacks?
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.97% |
| 2 | Buy | 18.45% |
| 3 | Hold | 10.03% |
| 4 | Sell | 5.70% |
What is CPNG price target?
The 10 analysts offering 12-month price forecasts for Coupang Inc have a median target of 28.00, with a high estimate of 37.00 and a low estimate of 25.00. The median estimate represents a +106.72% increase from the last price of 13.55.
Does SoftBank still own Coupang?
Is Coupang in English?
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What is the future of Coupang?
Is Coupang making money?
Who is selling Coupang?
Why is Coupang stock falling?
Is Coupang growing faster than the competition?
Coupang stock is falling because supply is exceeding demand as the lockups expire. Bargain hunters are watching the stock closely and will pounce on the opportunity to buy the dip when it looks like investing in the IPO. That would allow the stock to recover from its lows.
Why are more shares flooding the market?
It’s also growing faster than the competition. Its market share expanded 6.5 percent in 2020, while many competitors saw their share of the market stagnate or shrink. Article continues below advertisement. Coupang is diversifying into other businesses.
How much is Coupang worth in 2025?
More shares have been flooding the market because of early lockup expiry, which might explain the decline. The company’s IPO came up with a lockup preventing insiders like staff and early investors from selling their shares for up to 180 days. However, the lockup would end early if the stock traded well.
Is Coupang a long term investment?
The growth accelerated from 55 percent in 2019. By 2025, South Korea’s e-commerce industry is forecast to be worth more than $99 billion compared to $80 billion in 2021. The online advertising and food delivery markets are also booming.
What is the Coupang market share?
Coupang as a long-term investment. Coupang is the top e-commerce company in South Korea with a market share of 24.6 percent. It’s also growing faster than the competition. Its market share expanded 6.5 percent in 2020, while many competitors saw their share of the market stagnate or shrink.
Does Coupang offer food delivery?
Coupang is the top e-commerce company in South Korea with a market share of 24.6 percent. It’s also growing faster than the competition. Its market share expanded 6.5 percent in 2020, while many competitors saw their share of the market stagnate or shrink. Coupang is diversifying into other businesses.
Is Coupang going public?
In addition to e-commerce, it also offers food delivery and online advertising services. The company has more growth opportunities to exploit. For example, the major e-commerce companies have ventured into the cloud computing business, which remained an untapped opportunity for Coupang.
How much did the company lose in the first quarter of 2019?
So what. Coupang, which recently went public in March, gives customers the ability to get millions of items delivered on the same day they order them online. The company reported a loss of nearly $295 million in the first quarter of this year, down from a loss of nearly $105 million in the first quarter of 2019.
Who is the CEO of Coupang?
The company reported a loss of nearly $295 million in the first quarter of this year, down from a loss of nearly $105 million in the first quarter of 2019. Total revenue in the quarter of roughly $4.2 billion grew 74% year over year, while active customers climbed 21% year over year to top 16 million. Image source: Getty Images.
What happened
Image source: Getty Images. Despite the losses, Coupang CEO Bom Kim said on the company's earnings call that the company planned to further invest to strengthen its infrastructure in order to enhance its fast delivery model and wide selection of items.
So what
Shares of South Korean e-commerce leader Coupang ( CPNG -1.20% ) fell as much as 20% this week, before bouncing slightly to finish the week down 18.3%.
NYSE: CPNG
On Wednesday, the consumer price index (CPI) for December was released, which showed inflation rising 7% over the prior year. Excluding food and energy, "core" CPI came in at a lower 5.5%. The overall CPI was the highest on record since 1982 and the core number was the highest since 1991.
Now what
The potential for rates rising faster than many expect usually means growth stocks will fall, and that's exactly what Coupang did. Last quarter, Coupang recorded solid revenue growth of 48%, but its net losses actually increased by an even greater 87% as the company invested in growth.
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This bad week came on the heels of a 12.7% decline last week, so investors may be wondering if we are near a bottom. Currently, Coupang trades at $21.20, down 60% from its IPO price last March.
About Coupang
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Coupang (NYSE:CPNG) Frequently Asked Questions
Coupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea.
What is Coupang's gross margin?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coupang in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Coupang stock.
Where is Coupang located?
Coupang’s gross margins have historically only been about 16% , versus Amazon’s nearly 40%. On a positive note, the Korean e-commerce operator generated “a positive cash flow from operating activities of $301 million in 2020.” But its relatively low gross margin could alienate many investors at a time when many of them are becoming more worried about finding stocks that deliver good value.
