Coupang's stock, despite strong performance and growth potential, saw a dip due to a slight drop in adjusted EBITDA margins and free cash flow burn in Q3 2024. Paying 31x forward free cash flow for Coupang is justified by its robust growth, especially in Developing Offerings, and a debt-free balance sheet with $4.2 billion in net cash. Coupang's diverse services, including grocery delivery and ...
Coupang (NYSE:CPNG ) Q3 2024 Earnings Call Transcript November 5, 2024 5:30 PM ET Company Participants Mike Parker - Vice President, Investor Relations Bom Kim - Chief Executive Officer and Chairman of the Board Gaurav Anand - Chief Financial Officer Conference Call Participants Eric Cha - Goldman Sachs Seyon Park - Morgan Stanley & Co. Stanley Yang - JPMorgan Securities Far East Ltd Jiong Shao...
Coupang stock slid late Tuesday, despite the South Korean e-commerce company's Q3 earnings and sales beating estimates. The post Coupang Stock Slides Despite E-Commerce Firm's Earnings Beat appeared first on Investor's Business Daily.
Coupang (CPNG) stock price has done well this year, rising by 56% since January, beating popular indices like the Nasdaq 100, S&P 500, and the Dow Jones. It has also outperformed other popular technology companies like Amazon and MercadoLibre.
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