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Stock impact report

Coupang, Inc. (CPNG) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Coupang, Inc. Class A (CPNG) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 0.77%. Elsewhere, the Dow gained 0.47%, while the tech-heavy Nasdaq added 0.87%. Shares of the company have appreciated by 7.31% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 5.56% and the S&P 500's gain of 4.87%. The investment community will be closely monitoring the performance of Coupang, Inc. in its forthcoming earnings report. On that day, Coupang, Inc. is projected to report earnings of $0.02 per share, which would represent a year-over-year decline of 60%. In the meantime, our current consensus estimate forecasts the revenue to be $7.79 billion, indicating a 26.04% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates project earnings of -$0.02 per share and a revenue of $30.57 billion, demonstrating changes of -107.69% and +25.36%, respectively, from the preceding year. Any recent changes to analyst estimat Show less Read more
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