Also, that would surpass the recent IPO of Airbnb ( ABNB ), which was valued at $47 billion. The Coupang IPO began trading on the New York Stock Exchange under the ticker CPNG. The stock jumped 40.7%, closing at 49.25 on the stock market today. That accelerated its market valuation to about $89 billion,What is Coupang’s IPO ticker symbol?
Based in Seoul, South Korea, Coupang filed for its IPO on February 12, 2021, and will trade under the ticker symbol CPNG. Interested in investing in a new player in the e-commerce space?What is ccoupang (CPNG) stock history?
Coupang (CPNG) does not have a very extensive stock history, as the company just filed paperwork for its IPO on February 12. However, it was founded in 2010 by Bom Kim.Should you buy shares of Coupang (CPNG) after its IPO?
Market risks: Investing in any recent IPO presents added risks compared to long-standing stocks, especially when the stock market shows all-time highs. If the stock market corrects in 2021, the share price of CPNG could experience declines as well. All in all, buying shares of Coupang (CPNG) after its IPO could remain an appealing investment.