Coupang shares drop 9% on widening loss_老虎社区_美港股上老虎

Coupang shares drop 9% on widening loss

Dow Jones2021-08-12

Shares of Coupang, Inc. were initially down 9% in extended trading Wednesday after the e-commerce company reported fiscal second-quarter results.

Coupang reported a net loss of $518.6 million, or 30 cents a share, compared with a net loss of $102 million, or $5.81 a share, in the year-ago quarter. A fire that damaged one of the company's fulfillment centers in South Korea resulted in inventory and equipment losses of nearly $300 million, according to Coupang.

Revenue jumped 71% to $4.48 billion from $2.6 billion a year ago. Analysts surveyed by FactSet had expected a net loss of 15 cents a share on revenue of $4.45 billion. Coupang shares are down 24% so far in 2021, while the broader S&P 500 index is up 18% this year.

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Mat76
·2021-08-12
No fire insurance?
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- Cosmo90:
  Good quesTion. LooKs like No insurance
  2021-08-12
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Jinyuan
·2021-08-12
The market is too sensitive to bad news.
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A fire that damaged one of the company's fulfillment centers in South Korea resulted in inventory and equipment losses of nearly $300 million, according to Coupang. </p><p>Revenue jumped 71% to $4.48 billion from $2.6 billion a year ago. Analysts surveyed by FactSet had expected a net loss of 15 cents a share on revenue of $4.45 billion. Coupang shares are down 24% so far in 2021, while the broader&nbsp;<a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> index is up 18% this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158352792","content_text":"Shares of Coupang, Inc. were initially down 9% in extended trading Wednesday after the e-commerce company reported  fiscal second-quarter results. Coupang reported a net loss of $518.6 million, or 30 cents a share, compared with a net loss of $102 million, or $5.81 a share, in the year-ago quarter. A fire that damaged one of the company's fulfillment centers in South Korea resulted in inventory and equipment losses of nearly $300 million, according to Coupang. Revenue jumped 71% to $4.48 billion from $2.6 billion a year ago. Analysts surveyed by FactSet had expected a net loss of 15 cents a share on revenue of $4.45 billion. Coupang shares are down 24% so far in 2021, while the broader S&P 500 index is up 18% this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5508670,"gmtCreate":1628783127748,"gmtModify":1635153119614,"authorId":3561119992743892,"author":{"id":3561119992743892,"idStr":"3561119992743892","authorId":3561119992743892,"name":"Cosmo90","avatar":"https://static.tigerbbs.com/11cd03f4f9a8a73e182f23df7a4433c8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895411150,"type":1,"supId":0,"prevId":0,"content":"Good quesTion. LooKs like No insurance","text":"Good quesTion. LooKs like No insurance","html":"Good quesTion. LooKs like No insurance"}],"langContent":"EN"},{"id":895580911,"gmtCreate":1628756503433,"gmtModify":1631885869558,"author":{"id":"3574286103228100","authorId":"3574286103228100","name":"Jinyuan","avatar":"https://static.tigerbbs.com/b083889e4ac40197a5ea0a1dcc0193c4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574286103228100","authorIdStr":"3574286103228100"},"htmlText":"The market is too sensitive to bad news.","listText":"The market is too sensitive to bad news.","text":"The market is too sensitive to bad news.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895580911","repostId":2158352792,"repostType":2,"repost":{"id":"2158352792","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1628731214,"share":"https://www.laohu8.com/m/news/2158352792?lang=&edition=full","pubTime":"2021-08-12 09:20","market":"us","language":"en","title":"Coupang shares drop 9% on widening loss","url":"https://stock-news.laohu8.com/highlight/detail?id=2158352792","media":"Dow Jones","summary":"Shares of Coupang, Inc. were initially down 9% in extended trading Wednesday after the e-commerce co","content":"<p>Shares of <a href=\"https://laohu8.com/S/CPNG\">Coupang, Inc.</a> were initially down 9% in extended trading Wednesday after the e-commerce company reported  fiscal second-quarter results. </p><p>Coupang reported a net loss of $518.6 million, or 30 cents a share, compared with a net loss of $102 million, or $5.81 a share, in the year-ago quarter. A fire that damaged one of the company's fulfillment centers in South Korea resulted in inventory and equipment losses of nearly $300 million, according to Coupang. </p><p>Revenue jumped 71% to $4.48 billion from $2.6 billion a year ago. Analysts surveyed by FactSet had expected a net loss of 15 cents a share on revenue of $4.45 billion. Coupang shares are down 24% so far in 2021, while the broader&nbsp;<a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> index is up 18% this year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coupang shares drop 9% on widening loss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoupang shares drop 9% on widening loss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-12 09:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of <a href=\"https://laohu8.com/S/CPNG\">Coupang, Inc.</a> were initially down 9% in extended trading Wednesday after the e-commerce company reported  fiscal second-quarter results. </p><p>Coupang reported a net loss of $518.6 million, or 30 cents a share, compared with a net loss of $102 million, or $5.81 a share, in the year-ago quarter. A fire that damaged one of the company's fulfillment centers in South Korea resulted in inventory and equipment losses of nearly $300 million, according to Coupang. </p><p>Revenue jumped 71% to $4.48 billion from $2.6 billion a year ago. Analysts surveyed by FactSet had expected a net loss of 15 cents a share on revenue of $4.45 billion. Coupang shares are down 24% so far in 2021, while the broader&nbsp;<a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> index is up 18% this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158352792","content_text":"Shares of Coupang, Inc. were initially down 9% in extended trading Wednesday after the e-commerce company reported  fiscal second-quarter results. Coupang reported a net loss of $518.6 million, or 30 cents a share, compared with a net loss of $102 million, or $5.81 a share, in the year-ago quarter. A fire that damaged one of the company's fulfillment centers in South Korea resulted in inventory and equipment losses of nearly $300 million, according to Coupang. Revenue jumped 71% to $4.48 billion from $2.6 billion a year ago. Analysts surveyed by FactSet had expected a net loss of 15 cents a share on revenue of $4.45 billion. Coupang shares are down 24% so far in 2021, while the broader S&P 500 index is up 18% this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}