[쿠팡 美상장] When the deal opens, ‘97%’ rushes off… ‘100 trillion won’ corporate value (total)

Coupang (CNPG), which initiated an IPO in the U.S. market on the 11th (hereinafter local time), has surged 97% with the commencement of the transaction, and is in the shape of a successful settlement on the New York Stock Exchange.

On the same day at 12:27 pm (2:27 am on the 12th of our time), Coupang started trading at the New York Stock Exchange (NYSE) at a price of $63.5 per share, 81.43% ($28.5) higher than the public offering price of $35. Since then, Coupang’s share price has soared 97.14% ($34) from the public offering price to $69 per share.

On the first day of the new listing, the new word’tasang’, which refers to forming a price that is twice as high as the public offering price, showed a steep rise enough to be held in hand. However, the rise in the future is limited, and Coupang’s share price has remained in the low-to-mid 50-dollar range.

As of 1:30 p.m. (3:30 a.m. on the 12th of our time) about an hour after the commencement of the transaction, Coupang’s share price is trading at $53.84 per share, up 53.83% ($18.84) from the offering price.

Coupang’s new listing on that day is expected to be the first and largest IPO record this year in the US New York Stock Exchange. In terms of transaction volume, it is one of the 25 largest listed companies in the history of the New York Stock Exchange, and as an Asian company, it was the largest since Alibaba’s IPO ($25 billion) in 2014.

In particular, despite raising the expected public offering price from the beginning, it is expected that the amount of funding will exceed the previous estimate while achieving transaction performance that exceeded this.

Reuters, based on Coupang’s confirmation of a public offering of 130 million shares at a price of 35 dollars (40,000 won) the previous day, Coupang will raise funds and corporate value of $4.6 billion (approximately 5,221.8 billion won) and 600 It is expected to reach a billion dollars (about 68 trillion won).

However, depending on the transaction situation on the day, if 69 dollars, which was the highest intraday price, is substituted, the financing fund will soar to a whopping 8,97 billion dollars (about 10,163.0 billion won). Based on the transaction price of $53.84, it exceeded the previous target at about $7 billion (about KRW 7.93 trillion).

In particular, Bloomberg pointed out that after listing, Coupang’s corporate value jumped to 95 billion dollars (approximately 108 trillion won) with a surge that exceeded expectations. It is in front of the achievement of hectorcorn, which refers to a startup with an enterprise value of 100 billion dollars or more in 10 years after its founding in 2010.

Previously, CNBC, a media outlet specializing in the US economy, analyzed that Coupang, the only domestic e-commerce company last year, showed a sharp rise in market share, which had an impact on valuation (corporate valuation) and IPO price rise.

On the other hand, the three indexes of the New York Stock Market are also on the rise on the same day as the employment index is strong.

As of 2:5 pm on the 11th, the Dow index was 3,2606.82, up 0.96% (309.8P) from the previous day. It is trading at 3405.2 million.

The US Department of Labor announced that last week, the number of new unemployment benefits claims was 712,000. Not only did it fall below the market forecast of 725,000 cases, but it also decreased 42,000 cases compared to the previous week.

In particular, the decline in decline after two weeks is interpreted as a sign that the spread of the virus is calming down due to the expansion of the corona 19 vaccination by the US government and the employment market is clearly improving. However, the overall unemployment scale is still higher than before the pandemic.

[출처=NYSE]