Coupang Stock (CPNG) Surges on Data-Breach Update: What Investors Need to Know Before the NYSE Reopens
Coupang shares surged 9.1% to close at $24.88 Friday after the company said a data breach at its South Korean unit involved retention of data from about 3,000 accounts, not 33 million as initially feared. The company reported no payment or login data was accessed. Trading was heavy and volatile ahead of the weekend. U.S. markets are closed until Monday.