Coupang Shares Rise 1.07% on 12% Institutional Stake Boost as $210M Volume Ranks 481st in Market Activity

Coupang (CPNG) closed 1.07% higher on Sept. 26 with a trading volume of $0.21 billion, ranking 481st in market activity for the day. The e-commerce giant’s shares saw renewed institutional interest as recent filings revealed a 12% stake increase from a top-10 shareholder, signaling confidence in its long-term strategic positioning. Analysts noted the move follows a series of cost-cutting initiatives that reduced SG&A expenses by 8% year-to-date, aligning with the company’s focus on operational efficiency.

Market participants highlighted Coupang’s recent partnership with three major Korean logistics providers to expand its same-day delivery network. This collaboration aims to solidify its dominance in the domestic retail sector, where it maintains a 45% market share. The stock’s performance also coincided with positive earnings revisions, as Wall Street analysts raised full-year revenue forecasts by an average of 4.2% following Q3 guidance. However, investors remained cautious about macroeconomic headwinds, with the company’s price-to-sales ratio trading at a 15% discount to its five-year average.

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