Rally base drop and june -july was the rally now we finish off the crash hopefully cpng will have the technical double bottom and proceed to make gains(hopefully).
What i have learnt from my casestudy of market crashes is consistent sales and growth or menial loss in a company is a good way to identify survivors in this jungle no profit is bad enough in a normal market The stock price is a reflection of your reputation how much people are willing to pay for you personally they really need to work on brand recognition and sales not summer job recognition might even falll to 22 cents and range there unless they do something big or new its not looking too good AMZN might just expand territory while they finding way to compensate depreciating assets 🤧
Coupang, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 5,037.82 million compared to USD 4,478.11 million a year ago. Net loss was USD 75.49 million compared to USD 518.6 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.3 a year ago.For the six months, revenue was USD 10,154.51 million compared to USD 8,684.97 million a year ago. Net loss was USD 284.79 million compared to USD 813.63 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.74 a year ago.
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