Coupang (NYSE:CPNG), one of the largest e-commerce companies in Asia, saw a rocky start to the year. CPNG stock dipped 22.3% per share to $22.85, because of a series of short-term disruptions that weighed on its profitability. More worryingly, since its initial public offering (IPO) in March 2021, Coupang lost over 50% of its market
Stock Market
On the surface, the news that Amazon (NASDAQ:AMZN) is upping its maximum base pay for corporate and tech workers to $350,000 from $160,000 is a win for current and future employees. However, I’m not sure anyone holding AMZN stock should be sold on the move. Source: Frederic Legrand – COMEO / Shutterstock.com Here’s why I
Lucid (NASDAQ:LCID) will likely release its fourth-quarter results next week or shortly thereafter. Investors should expect to see the company show solid progress in the production of its electric vehicles (EVs). As a result, LCID stock could stage another move upward, depending on the guidance the company gives for Q1 and 2022. Source: gg5795 /