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home / news releases / JMIA - Why Jumia Technologies Stock Fell 32% in November

JMIA - Why Jumia Technologies Stock Fell 32% in November

Jumia Technologies AG American Depositary Shares each representing two

Shares of Jumia Technologies (NYSE: JMIA) were falling last month after the African e-commerce company posted a disappointing third-quarter earnings report. According to data from S&P Global Market Intelligence , the stock finished the month down 32%.

As you can see from the chart below, most of its losses came after the quarterly report came out on Nov. 16.

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Why Jumia Technologies Stock Fell 32% in November
Stock Information
Company Name: Jumia Technologies AG American Depositary Shares each representing two
Stock Symbol: JMIA
Market: NYSE
Website: group.jumia.com
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