Previous close | 16.71 |
Open | 16.37 |
Bid | 16.67 x 1800 |
Ask | 16.67 x 800 |
Day's range | 16.02 - 16.71 |
52-week range | 8.98 - 27.12 |
Volume | |
Avg. volume | 7,784,908 |
Market cap | 29.537B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Coupang, Inc. (CPNG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
With nearly 35% of the entire population of South Korea using its platform, Coupang is the e-commerce stalwart in the country. It provides an Uber Eats-style offering (Coupang Eats) and a streaming service called Coupang Play. Coupang also does something that few other e-commerce businesses do: It sells consumer staples.
Amazon (NASDAQ: AMZN) has put up record stock returns since going public in the late 1990s. If you want to buy other e-commerce stocks to ride this global retail transition, look no further than Coupang (NYSE: CPNG), which recently had its initial public offering. What is Coupang?