|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||28.93 - 29.29|
|52-week range||26.17 - 50.00|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||3.03|
|Forward dividend & yield||0.20 (0.69%)|
|Ex-dividend date||29 Mar 2021|
|1y target est||N/A|
(Bloomberg) -- Paytm, India’s digital payments pioneer backed by SoftBank Group Corp., received approval from the markets regulator that clears the way for its planned $2.2 billion initial public offering.Most Read from BloombergWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeCities' Answer to Sprawl? Go Wild.One of California’s Wealthiest Counties Could Run Out of Water Next SummerForget Palm Springs—Santa Fe I
Coupang's stock opened at $63.50 per share on its first day of trading, far above its IPO price of $35, and hit an intraday high of $69 before closing at $49.25. Today, Coupang's stock trades in the high $20s, but remains a divisive investment. Last month, SoftBank sold a whopping 57 million shares of Coupang at an average price of $29.69 per share for total proceeds of $1.69 billion.
One of the most hyped start-ups in the world — fronted by a charismatic CEO with a regal mane befitting a 17th century French monarch — tried...