Coupang Stock (CPNG) Surges After Cybersecurity Update — Live Market Context, Analyst Targets, and What Investors Should Watch Next
Coupang shares jumped about 9% to $24.84 in early afternoon trading Friday after a company update eased concerns over a recent cybersecurity breach. The firm said a former employee accessed data linked to 33 million accounts but retained only about 3,000, with no payment or login data compromised. Korean regulators are investigating, and Coupang warned of possible penalties and litigation in SEC filings.