Coupangs Trading Volume Slumps 21% to 210M Ranked 479th as Investor Apathy Sets In

Coupang (CPNG) closed on August 20, 2025, with a minimal decline of 0.03%, trading at a daily volume of $210 million—a 21.15% drop from the previous day's activity. The stock ranked 479th in trading volume among listed companies, reflecting subdued investor engagement despite its market presence.

Recent market dynamics suggest muted momentum for the e-commerce giant. While the company has historically drawn attention for its high-velocity trading patterns, current volume levels indicate a temporary withdrawal of speculative interest. Analysts note that short-term positioning remains fragile, with liquidity trends favoring smaller-cap names in the tech sector. This aligns with broader retail investor behavior observed in recent weeks.

Strategic backtesting of high-volume-driven trading approaches reveals mixed outcomes. A strategy focused on top 500 stocks by daily trading volume yielded a 0.98% average 1-day return from 2022 to 2025, with a cumulative 31.52% gain over 365 days. Performance peaked at 7.02% in June 2023 but faced a -4.20% drawdown in September 2022. These results underscore the strategy's reliance on short-term volatility rather than fundamental momentum.