Coupang beats Q3 estimates, but investors react with surprise drop
Coupang Inc., South Korea’s leading e-commerce platform, reported third-quarter earnings that exceeded Wall Street’s projections. Despite this, the company’s stock experienced a decline in after-hours trading on Tuesday. Q3 Financial Performance For the quarter ending September 30, 2024, Coupang reported earnings of $0.04 per share, surpassing analysts’ consensus estimate of $0.01 per share. Revenue reached […]