Coupang Stock (CPNG) Jumps After Cybersecurity Update: Latest News, Analyst Targets, and What Investors Should Watch Before Monday’s Open
Coupang shares rose about 9% Friday after the company detailed a cybersecurity breach at its Korean unit, saying a former employee accessed 33 million accounts but retained limited data from only around 3,000. No payment or login data was compromised. Coupang finished the session at $24.27. Korean regulators have launched investigations; the company warned of possible higher costs and revenue impact.