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Coupang 1Q Profit Drops, Hit by Farfetch Acquisition
By Sabela Ojea Coupang reported a drop in profit in the latest quarter after including the losses incurred at Farfetch, the luxury goods platform it acquired for $500 million. Based in Seattle, Coup
Express News | NYSE Order Imbalance 768578.0 Shares on Sell Side
Earnings Call Summary | Coupang(CPNG.US) Q1 2024 Earnings Conference
The following is a summary of the Coupang, Inc. (CPNG) Q1 2024 Earnings Call Transcript:Financial Performance:Coupang displayed a robust growth with a 28% YoY revenue increase in Q1, primarily driven
Coupang Price Target Raised to $28.00/Share From $26.00 by Citigroup
Coupang Price Target Raised to $28.00/Share From $26.00 by Citigroup
Coupang Is Maintained at Buy by Citigroup
Coupang Is Maintained at Buy by Citigroup
Citigroup Maintains Buy on Coupang, Raises Price Target to $28
Citigroup analyst John Yu maintains Coupang (NYSE:CPNG) with a Buy and raises the price target from $26 to $28.
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MonkeyGee : can you show me where the 95% is? because I don't see a 95% drop in NI. maybe 9.5%
ForeverBeanOP MonkeyGee: The latest News from WSJ which says:
Based in Seattle, Coupang operates an online shopping business in Korea, and on Tuesday posted a first-quarter net profit attributable to shareholders of $5 million, or 0 cents a share, compared with $91 million, or 5 cents a share, for the same period a year earlier.
I saw -95% from 91M to 5M
ForeverBeanOP : To me this is the only 'poor' number tho. Pretty strong earnings overall. Been watching for a while. Glad it dropped somehow for entry
ps. The market might see it the other way Can never be sure.
MonkeyGee ForeverBeanOP: I'm happy for the drop. now I can reload. These AI trading algo are amazing. Time the drop right at the top of the resistance point. That really takes skill to manipulate that way.