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Why Coupang (CPNG) Stock Is Up Today

Shares of e-commerce marketplace Coupang (NYSE:CPNG) jumped 12.6% in the pre-market session after the company reported fourth-quarter results with revenue exceeding expectations, driven by strong outperformance in its Developing Offerings segment ($273 million of revenue vs estimates of $234 million). The Developing Offerings segment includes its Taiwan operations, food delivery, video streaming, and fintech solutions. Management noted it is seeing especially good momentum in Taiwan, with custom ....

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Old Well Partners LLC Reduces Stake in Coupang, Inc. (NYSE:CPNG)

Old Well Partners LLC reduced its stake in shares of Coupang, Inc. (NYSE:CPNG – Free Report) by 17.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 199,100 shares of the company’s stock after selling 41,700 shares during the quarter. Coupang comprises about 2.9% […] ....

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Coupang Target of Unusually High Options Trading (NYSE:CPNG)

Coupang, Inc. (NYSE:CPNG – Get Free Report) saw unusually large options trading activity on Tuesday. Investors purchased 39,420 call options on the stock. This represents an increase of 209% compared to the average daily volume of 12,773 call options. Analyst Upgrades and Downgrades A number of research analysts recently weighed in on the stock. Citigroup […] ....

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Coupang Inc (CPNG) Reports Strong Q4 and Full-Year 2023 Financial Results

Revenue and Profitability Surge Amidst Expansion and Customer Growth ....

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Should You Invest in Coupang (CPNG)?

Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The fund increased 17.6% (Institutional Shares) in the fourth quarter compared to a 14.2% gain for the Russell 1000 Growth Index and an 11.7% increase for the S&P […] ....

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