Wall Street analysts named some of their favorite comeback stocks this week as earnings season begins to wind down.
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Coupang loses investors on winding path to profitCoupang’s shoppers may be used to ultra-fast shipping, but investors waiting for the company to deliver a profit seem to be disappointed. South Korea’s $59 billion e-commerce darling reported a blistering 71% year-on-year increase in second-quarter revenue, to $4.5 billion. Operating losses also quintupled, however, to $515 million.
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