Motley Fool
Why Coupang Fell 18.3% This Week
Shares of South Korean e-commerce leader Coupang (NYSE: CPNG) fell as much as 20% this week, before bouncing slightly to finish the week down 18.3%. On Wednesday, the consumer price index (CPI) for December was released, which showed inflation rising 7% over the prior year. Excluding food and energy, “core” CPI came in at a lower 5.5%.
Source: https://finance.yahoo.com/news/barclays-updates-price-target-several-190350231.html