Coupang, Inc. is a trading company listed on the NYSE under the symbol CPNG. The current market capitalization of Coupang, Inc. is 29 bln USD, as of 3rd February 2023, representing a decrease from the previous day of 1.4 bln USD. Over the last three days, the market capitalization for Coupang has decreased by 5.6% from 31.1 bln USD to 28.7 bln USD and represents a 23% decrease since its peak of 37.8 bln USD at the end of January 2023.
The current price per share of 16.42 USD represents an increase of 0.88 USD or 5.66% from 15.54 USD on 2nd February 2023 and a 12% increase from 14.58 USD a month ago on 1st January 2023. The average 50 day and 200 day prices are 16.555 USD and 16.2424 respectively, showing that Coupang is currently trading above both its medium term and long term averages but still below its peak price of 27 US in April 2022 which it reached after an succesful IPO that year at 8 US per share
Overall, while Coupang has experienced a decrease in market cap over the past three days, it is still trading significantly higher than its initial public offering price and long term averages which indicates positive financial performance despite short term losses in market cap value
