
On the 1st (local time) on Nasdaq, Coupang (CPNG) closed at $26.65, down 5.36% from the previous trading day.
JP Morgan said, “Considering Coupang’s market positioning without competitors and Korean consumers’ sensitivity to data leak issues, the loss of consumers from Coupang due to this incident is likely to be limited.”
I predicted this.
What does Morgan know! I wonder if Morgan was right! Is it
The original wreckers picked the title really well.
-1