CPNG - Hot Stocks: Chip stocks rise; TRIL merger deal; EL sets new high; MKTW continues to plummet

August, 23 2021 05:17 PM Coupang Inc. Class A

Chip stocks helped pace Monday's strong day on Wall Street. Lingering positive momentum from last week's earnings report from Nvidia (NASDAQ:NVDA) fueled gains in the sector, along with a key regulatory approval for Analog Devices (NASDAQ:ADI) and Maxim Integrated Products (NASDAQ:MXIM). With the sector strength, Applied Materials (NASDAQ:AMAT) and Lam Research (NASDAQ:LRCX) both posted notable gains on the day. Turning to other parts of the market, Trillium Therapeutics (NASDAQ:TRIL) was one of Monday's biggest gainers. The stock nearly tripled on a takeover deal from Pfizer (NYSE:PFE). Estée Lauder (NYSE:EL) also pushed higher during the session. The stock extended its post-earnings rally to set a new 52-week high. Looking at some of the day's most notable losers, a couple of relative newcomers to Wall Street added to recent weakness on Monday. Both MarketWise, Inc. (NASDAQ:MKTW) and Coupang Inc. (NYSE:CPNG) extended recent declines to reach their lowest levels since coming public. Sector

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Hot Stocks: Chip stocks rise; TRIL merger deal; EL sets new high; MKTW continues to plummet

Company Name:	Coupang Inc. Class A
Stock Symbol:	CPNG
Market:	NYSE
Website:	aboutcoupang.com

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