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JMIA - Why Jumia Stock Fell Over 20% Last Month And Is It A Buy Or Sell?
Jumia Technologies AG American Depositary Shares each representing two
Shares of Jumia Technologies have been under pressure from a trend of weaker than expected results from ongoing pandemic disruptions.
Despite near-term challenges, the company with a leading e-commerce and fintech platform in Africa is well-positioned to capture a significant growth opportunity.
We believe operating and financial conditions can improve going forward supporting a rebound in the stock.