Coupang (CPNG) Soars 11.5%: Is Further Upside Left in the Stock?
CPNGCoupang(CPNG) Zacks Investment Research·2024-04-15 23:41

Coupang, Inc. (CPNG) shares soared 11.5% in the last trading session to close at 21.25.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestocks321.25. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3% gain over the past four weeks. Coupang extended its rally, driven by its latest plan to increase the monthly price of its Wow membership program. This company is expected to post quarterly earnings of 0.06 per share in its upcoming report, which represents a year-over-year change of +20%. Re ...