South Korea stocks plunge as president declares martial law [Yahoo! Finance]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Yahoo! Finance
At the time of the announcement, the Korea Composite Stock Price Index or KOSPI ( ^KS11 ), the country's primary stock market, was closed, leaving traders anxious as they awaited its reopening to understand the full impact of the declaration. However, the US- and UK-listed shares of major South Korean companies took a hit immediately following the news. Coupang ( CPNG ), South Korea's largest online retailer, saw its stock drop by 6%, signalling investor concerns over the political instability triggered by the martial law declaration. Posco ( PKX ), the country's leading steelmaker, experienced a 5% decline, reflecting worries about the broader implications for industrial sectors. Read more: LIVE: FTSE up and US stocks tepid as South Korea declares martial law Samsung Electronics ( SMSN.IL ), the world's largest semiconductor maker, saw its UK-listed shares fall by 7%, with investors nervously eyeing the fallout from the political crisis. Captivision ( CAPT ), a South Korea
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CPNG
News
- South Korea stocks pummeled amid government turmoil following declaration of martial law [Yahoo! Finance]Yahoo! Finance
- South Korea's Whirlwind Stint in Martial Law Jolts Markets [Yahoo! Finance Canada]Yahoo! Finance Canada
- What To Know About South Korea Which Is Suddenly Under Martial Law [Forbes]Forbes
- Paramount+ Unveils Deal With South Korean Streamer Coupang at Content London [Yahoo! Finance]Yahoo! Finance
- South Korean Stocks Tumble, Won Drops as Martial Law Declared [Yahoo! Finance]Yahoo! Finance
CPNG
Earnings
- 11/5/24 - Beat
CPNG
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- CPNG's page on the SEC website