Coupang (NYSE:CPNG) Faces 10% Weekly Decline Amid Global Trade Concerns

Simplywall
2025.04.05 22:11
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Coupang (NYSE:CPNG) has seen a 10% decline in its share price over the past week due to global trade concerns and market volatility, with the Nasdaq entering bear market territory. Despite a revenue increase from $24.38 billion in 2023 to $30.27 billion in 2024, net income plummeted from $1.36 billion to $154 million, impacted by rising expenses and a weakening Korean won. Coupang's share repurchase program indicates confidence in long-term growth, while its total shareholder return over three years stands at 12.76%.