In the latest trading session, Coupang, Inc. (CPNG) closed at $20.49, marking a -0.58% move from the previous day.
If you're looking to invest in e-commerce, these three stocks could be underappreciated investments.
Shares of South Korean e-commerce leader Coupang (NYSE: CPNG) fell as much as 20% this week, before bouncing slightly to finish the week down 18.3%. On Wednesday, the consumer price index (CPI) for December was released, which showed inflation rising 7% over the prior year. Excluding food and energy, "core" CPI came in at a lower 5.5%.