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FirstWave trims Coupang stake as other investors expand holdings

Coupang logoCoupang
Sig0.80Sen+0.10Env0.00Soc0.00Gov0.00

FirstWave Capital Management LLC reduced its Coupang stake to 79,317 shares, worth $1.378 million, after selling 201,118 shares in the quarter. Other investors increased holdings, including Dodge & Cox, Capital International Investors, Tiger Global, and Geode. Barclays reissued an overweight rating with a $29.00 price target, and FirstWave shares sold averaged $16.10.

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