Why You Should Wait Before Adding Coupang Stock to Your Portfolio

Coupang may be the right stock for you, but is this the right time? Why are investors so bullish on Coupang? There was plenty of good news in Coupang's first-quarter earnings report. Net revenue was $7.1 billion, up from $6.6 billion the previous quarter. One notable setback was the earnings per share due to the purchase of upscale fashion marketplace Farfetch (FTCH). Diluted earnings per share dropped from $0.05 to $0.00 year-over-year. Meanwhile, Coupang doubled its operating cash flow over the trailing 1 ...