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Financial markets have been rattled ever since President Trump started hinting at raising tariffs on dozens of countries in a bid to lower the country's trade deficit in 2025.
Zacks.com users have recently been watching Coupang (CPNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
SEATTLE--(BUSINESS WIRE)--Coupang Partners with the Department of Commerce's International Trade Administration to Help American Businesses Sell Overseas.
SEATTLE--(BUSINESS WIRE)--Coupang to Announce First Quarter 2025 Results on May 6, 2025.
2025 has brought plenty of surprises for investors, most of them bad. The United States is in the process of upending global trade, seeing a devalued U.S. dollar, and putting massive tariffs on goods from its largest rival, China.
Shares of technology company Coupang (CPNG -1.17%) have been under pressure over the past few months. The company is based in the United States, but makes money serving consumers in South Korea and increasingly Taiwan, so Coupang is insulated from the direct effect of President Donald Trump's new import tariffs.
South Korean e-commerce company Coupang (CPNG 0.68%) launched its U.S. IPO in March 2021, and those hoping at the time that they had found the next great e-commerce company were likely disappointed.
Technology stocks are tumbling. A tariff war has started between the United States and China, injecting uncertainty into the stock market.
Coupang, Inc. (CPNG) closed at $21.53 in the latest trading session, marking a -0.55% move from the prior day.
Tom Yeung here with your Sunday Digest. Several years ago, we at InvestorPlace and our partners at TradeSmith began working on AI-powered investing systems to bring Wall Street's edge to ordinary investors.