Coupang Stock (CPNG) Surges in Post‑Christmas Trading as Data Breach Fears Ease—Key News, Analyst Forecasts, and What to Watch Next
Coupang shares rose about 9% to $24.89 by 2:04 p.m. ET Friday after the company said a data breach at its Korean unit was less severe than feared. Coupang reported only 3,000 accounts were affected, with no payment or login data accessed. Intraday trading volume reached 21.7 million shares, high for a holiday session. U.S. markets hovered near record levels in thin post-Christmas trading.