Coupang's Leap: Rocket Delivery And Farfetch Deal Fuel E-Commerce Surge [Seeking Alpha]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Seeking Alpha
The company offers a diverse product portfolio, including Rocket Delivery, Quick Commerce, Rocket Fresh, Coupang Eats, Coupang Play, and Coupang Pay. Coupang's acquisition of Farfetch is expected to drive revenue synergies and expand its presence in the luxury fashion industry. Thesis Coupang, Inc. ( NYSE: CPNG ) was incorporated in 2010 and is an e-commerce company headquartered in Seattle, WA. CPNG's IPO date was March 11, 2021, and it began trading at $63.50 per stock, giving CPNG a market cap of As of April 3, 2024, the stock price was $18.56 and is down over 70% from all-time highs, mainly attributed to high losses and low margins. But, I think things are changing. With strong year-over-year active customer growth, CPNG's revenue has doubled, and, in 2023, the company reported positive operating margins for the first time. Overall. I see CPNG positioned for continued growth as the company heavily invests in its long-term strategic growth, incorporating its logistics infras
Show less
Read more
Impact Snapshot
Event Time:
CPNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CPNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CPNG alerts
High impacting Coupang, Inc. Class A news events
Weekly update
A roundup of the hottest topics
CPNG
News
- Coupang Revenue Climbs 23%, Though Farfetch Deal Erodes Earnings [Yahoo! Finance]Yahoo! Finance
- Coupang Revenue Climbs 23%, Though Farfetch Deal Erodes Earnings [BNN Bloomberg (Canada)]BNN Bloomberg
- Coupang Announces Results for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Coupang Announces Results for First Quarter 2024Business Wire
- Coupang, Inc. (NYSE:CPNG) is largely controlled by institutional shareholders who own 58% of the company [Yahoo! Finance]Yahoo! Finance
CPNG
Earnings
- 5/7/24 - Miss
CPNG
Sec Filings
- 5/7/24 - Form 8-K
- 5/3/24 - Form 4
- 5/2/24 - Form 144
- CPNG's page on the SEC website