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Why Coupang Stock Was Climbing Today

TheMotleyFool

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Why Coupang Stock Was Climbing Today: https://g.foolcdn.com/editorial/images/772744/china-e-commerce.jpg

Shares of Coupang (NYSE: CPNG) were on the move today as the South Korean e-commerce company jumped on reports that it was raising the membership fee for its Amazon Prime-like Wow service.

As of 12:39 p.m. ET, the stock was up 10% on the news.

Image source: Getty Images.

Source Fool.com

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