Coupang Surges to 160th in Market Rankings with $684 Million Trading Volume
On May 13, 2025, Coupang's trading volume reached $684 million, marking a significant 198.47% increase from the previous day. This surge placed CoupangCPNG-- at the 160th position in the day's stock market rankings. Coupang (CPNG) rose by 1.61%, marking its third consecutive day of gains, with a total increase of 3.63% over the past three days.
Coupang reported its first-quarter 2025 earnings, where the earnings per share (EPS) exceeded expectations, while revenues fell short. The company highlighted a 300% year-over-year increase in operating income and a significant improvement in its gross profit margin by 217%.
Jacobs Levy Equity Management Inc. increased its stake in Coupang by 106.5% during the fourth quarter. This move indicates a strong confidence in the company's future prospects. Additionally, several analysts have recently upgraded their ratings for Coupang, with Barclays raising their target price from $35.00 to $36.00.
Despite the positive developments, SVF Investments sold Coupang shares worth $772.5 million. This sale, however, did not dampen the overall optimism surrounding the company. For the current quarter, Coupang is expected to post earnings of $0.07 per share, indicating no change from the year-ago quarter.
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