Coupang Shares Dip After $410 Million Korea Privacy Fine; Q2 Results Eyed
Coupang, Inc. shares closed lower in the latest U.S. session, leaving the NYSE e-commerce name pressured even as investors got some clarity on the record privacy fine from South Korea. CPNG finished Friday at $16.82, off 2.49%, on volume of around 38.85 million shares and a market cap near $30.2 billion. The stock now trades much closer to its 52-week low of $14.92 than its 52-week high of $34.08.