Stock Market Today, May 6: Coupang Shares Slide As the Company's $1.2 Billion Voucher Program Hits Financials
6/5 23:28
Coupang (NYSE:CPNG), an e-commerce platform in South Korea and internationally, closed Wednesday at $17.91, down 13.70%. Shares fell after Q1 results showed an 8% revenue increase but a sharp swing into net losses stemming from the costs of last year’s data breach. Trading volume...