Shares Out: 1.71B: EPS (ttm)-0.28: PE Ratio: n/a: Forward PE: n/a: Dividend: n/a: Dividend Yield: n/a: Trading Day : n/a: Last Price: n/a: Previous Close: n/a: Change ($) n/a: Change (%) n/a: Day's Open: n/a: Day's Range: n/a: Day's Volume: n/a: 52-Week Range: n/a: News. With 130 million shares offered, the initial price was expected to raise $4.6 billion and put the company's value at around $60 billion, making it one of the most valuable startups in the United States. Related Stories. Seeking Alpha - Coupang sets $27-to-$30 U.S. IPO price, valuing Korea's answer to Amazon at up to $51B South Korean e-commerce giant Coupang (CPNG) expects to price … Coupang raised the pricing to between $32 and $34 per share … South Korean e-commerce giant Coupang (NYSE:CPNG) soared about 80% to $63.50 when it opened for trading om the New York Stock Exchange after pricing last night at $35/share. The business estimates that the net proceeds from the listing will be approximately $2.8bn, assuming a listing price of $28.50 per share, the midpoint of the estimated price range. That has helped to push Coupang's asking price for a share higher, from the initial range of between $27 and $30, to between $32 and $34, and now $35 each. Mar 12, 2021. Real time Coupang, Inc. (CPNG) stock price quote, stock graph, news & analysis. Coupang Inc., parent company of South Korean e-commerce giant Coupang Corp., has raised its initial public offering target price range of $32 to $34 apiece, according to a regulatory filing submitted to the US Securities and Exchange Commission on Tuesday. According to the NYSE, the Coupang IPO date is set for March 10. About $4.5 billion worth of shares were sold, giving Coupang a valuation somewhere around $50 billion. With 130 million shares offered, the initial price was expected to raise $4.6 billion and put the company’s value at around $60 billion, making it one of the most valuable startups in the U.S. Coupang shares began trading at $63.5 per share, up 81 percent from the IPO price. Coupang, Inc. | CPNG. Coupang, the Amazon of South Korea, makes its debut on NYSE March 11, 2021 Technology Comments Off on Coupang, the Amazon of South Korea, makes its debut on NYSE South Korean online powerhouse Coupang has raised about $4.6 billion from its initial public offering, making it the biggest IPO in … Overnight, the Dow Jones Industrial Average gained 0.58 percent. That has helped to push Coupang’s asking price for a share higher, from the initial range of between $27 and $30, to between $32 and $34, and now $35 each. The SoftBank-backed, Delaware-registered company is the second-largest e-commerce player in … It intends to use the proceeds for general corporate purposes, including working capital, operating expenses, and capital expenditures. Shares of Coupang rose 40.7% to $49.25 at the end of its first day of trading. The IPO price is higher than an earlier proposed range of $32 to $34. 1 million jobs lost in January. The company also bumped up the number of shares it is offering because of strong demand by 10 million, for a total of 130 million shares. S. Korean e-commerce giant Coupang makes landmark U.S. debut at NYSE. That has helped to push Coupang’s asking price for a share higher, from the initial range of between $27 and $30, to between $32 and $34, and now $35 … The company offers … The South Korean e-commerce company, which is trading under the ticker CPNG, priced 130 million Class A common stock at $35 per share in its IPO and raised $4.55 billion, valuing the company at $60 billion. South Korean e-commerce behemoth Coupang is targeting a $58 billion valuation in its New York market debut later this week after the company raised the offering's upper price on Tuesday. With the revised range, Coupang looks to raise its proceeds by 16 percent more than previously anticipated. Lack of funding and new recruits have start-ups on the ropes. It may raise up to $3.6 billion. Hayward Holdings: Pool equipment designer and manufacturer Hayward Holdings (NYSE: HAYW) is set to go public this week with a 40.3-million-share offering at a price … What happened Shares of Coupang (NYSE: CPNG) rocketed over 40% on Thursday, marking a successful initial public offering (IPO) for the South Korean e-commerce star. South Korean e-commerce company Coupang (NYSE: CPNG), backed by SoftBank Group Corp (OTC: SFTBF), filed for an initial public offering. The IPO price is higher than an earlier proposed range of $32 to $34. View the latest Coupang Inc. (CPNG) stock price, news, historical charts, analyst ratings and financial information from WSJ. That has helped to push Coupang's asking price for a share higher, from the initial range of between $27 and $30, to between $32 and $34, and now $35 each. In Korea, Covid kept couples from divorcing. Coupang LLC shares surged 81% in its opening trade on the New York Stock Exchange. Coupang began trading on the New York Stock Exchange on Thursday at a starting price of $63.5, surging 81% from its initial public offering (IPO) price. Filed 2021-02-12 Terms Added 2021-03-01 Amended Terms 2021-03-09: For IPO Boutique's "scale of 1 to 5" BUY rating on Coupang, Inc., and our comprehensive analysis, click "Buy Market Research. Front1, giant start-up support center, opens in Mapo. The Seoul-based e-commerce company, often dubbed the Amazon of … Shares were rising 2.54% in after-hours at last check. The company also bumped up the number of shares it is offering because of strong demand by 10 million, for a total of 130 million shares. According to an amended S-1 filing, Coupang expects to price its IPO between $27 to $30 per share. ". Coupang shares began trading at $63.5 per share, up 81.4 percent from the IPO price, and closed up 40.71 percent at $49.25. All; Videos; Press Releases; Conversation; PYMNTS - 6 hours ago. Exports surge 69% in first 10 days of February . Coupang: South Korean e-commerce company Coupang (NYSE: CPNG) plans to sell 120 million shares at a price point of $27 to $30. Coupang has raised about $4.6 billion, outsizing last month's $2 billion capital raise by the dating app Bumble. South Korean e-commerce giant Coupang (NYSE: CPNG) expects to price its hot upcoming U.S. IPO at $27 to $30 a share, valuing the company at up to $51 billion. Coupang is set to debut on the New York Stock Exchange under the ticker "CPNG" later in the day when U.S. markets open. Hide News. Coupang is set to make its Wall Street debut on the New York Stock Exchange on Thursday after the South Korean e-commerce company priced its 130 million share IPO at $35 per share… The company also bumped up the number of shares it is offering because of strong demand by 10 million, for a total of 130 million shares. Coupang (CPNG) shares closed at $49.52 each on their first day of trading, well below their opening trade but still above their IPO price, in the largest initial public offering in the US this year. Half-jeonse contracts more popular as prices rise rapidly. Latest Stock Picks ... Price as of March 11, 2021, 5:00 a.m. EST View Interactive CPNG Charts. Washington [US], March 12: South Korean e-commerce giant Coupang Inc. made a splash in its landmark debut on the New York Stock Exchange on Thursday at an initial public offering price of US$35 each. Coupang priced 130 million shares at $35 each, valuing the company at about $60 billion, according to regulatory filings. CPNG | Complete Coupang Inc. stock news by MarketWatch. The price was upped during the IPO from the original range of $27 to $30 to a maximum of $35, and an additional 10 million shares were offered, taking the sale to 130 million shares. Dual-class share system mooted as Coupang choses NYSE. In this FREE STOCK REPORT, The Motley Fool UK's Managing Director Mark Rogers and his … A Top Growth Share From The Motley Fool. Coupang, the Korean e-commerce giant, is reportedly scheduled to begin trading on Thursday. View real-time stock prices and stock quotes for a full financial overview.