Coupang (NYSE: CPNG), the largest e-commerce company in South Korea, recently posted its fourth-quarter earnings report. Its revenue rose 34% year-over-year to $5.08 billion, but its net loss widened nearly fivefold from $83 million to $405 million. Read More...
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Why CrowdStrike Stock Just Crashed
Shares of CrowdStrike Holdings (NASDAQ: CRWD) stock tumbled in afternoon trading on the Nasdaq Monday after three separate Wall Street analysts all suddenly cut their price targets on the cybersecurity specialist. As of 3 p.m. ET, CrowdStrike stock is down 5.5%. In swift succession, first Morgan Stanley cut CrowdStrike to $180 a share, then RBC Capital Markets cut to $250, and then Stifel Nicolaus cut its target, too, likewise to $250.
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