Why Coupang Stock Skyrocketed in September
E-commerce company Coupang (NYSE: CPNG) began life in Asia as something of an Amazon-like retailer and tech-adjacent enterprise.
It has since planted its flag in the U.S. and is clearly determined to be a major, Amazon-ish player in our market. Investors are clearly starting to notice this and place bets on the company's success. After all, its stock rose a very heartening 12%-plus over the course of September.
Coupang isn't only drawing attention from the investing public; analysts are becoming bullish on the company too.
Source Fool.com
