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Is Coupang Stock a Buy Now?

·5-min read
Is Coupang Stock a Buy Now?

Coupang's (NYSE: CPNG) stock price surged 19% on May 12 following the release of its first-quarter earnings report. The South Korean e-commerce leader's revenue rose 22% year over year to $5.12 billion, or 32% in constant currency terms, but missed analysts' expectations by about $130 million.

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