CLSA Initiates Coverage On Coupang with Outperform Rating, Announces Price Target of $46
CLSA initiates coverage on Coupang (NYSE:CPNG) with a Outperform rating and announces Price Target of $46.
What’s Next As Coupang Heads Toward Resistance?
Coupang Inc. (NYSE: CPNG) shares traded higher Tuesday after retail traders were able to push the stock higher. The stock has been recently hot with traders in Reddit’s WallStreetBets subreddit, and these are likely the retail traders who have pushed the stock.
Why Coupang Shares Are Surging Today
Coupang Inc (NYSE: CPNG) shares are trading higher by 11.4% at $42.59 Tuesday afternoon following a Korean Economic Daily report suggesting Goldman Sachs has been "studying whether to call for early repayment" of a $265 million loan with the company.
Warehouse Robotics Company AutoStore Targets $10B IPO: Bloomberg
Norwegian warehouse robotics company, AutoStore, is exploring an initial public offering that could value it over $10 billion, Bloomberg…
Bill Gates’ Trust Offloads Apple Stake And Buys This Stock Instead
The Bill and Melinda Gates Foundation Trust sold its entire stake held in Apple Inc. (NASDAQ: AAPL) and Twitter Inc.
Earnings Scheduled For May 12, 2021
Companies Reporting Before The Bell
• PolyPid (NASDAQ:PYPD) is estimated to report earnings for its first quarter.