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Shares of Jumia Technologies (NYSE: JMIA) slumped 17.7% this week, according to data from S&P Global Market Intelligence . The African e-commerce company has a highly volatile stock price, and with the global markets going down this week, it is no surprise to see the stock f...
Baillie Gifford’s 13F portfolio value decreased from ~$182B to ~$143B this quarter. They increased Affirm Holdings, Coupang, and Ginkgo Bioworks while reducing Petroleo Brasileiro and First Republic Bank. The top three positions are Tesla Motors, Moderna, and Illumina, and ...
Jumia (NYSE: JMIA) , the German company that owns one of the top e-commerce marketplaces in Africa, was once considered a promising growth stock. It went public at $14.50 in April 2019, and its stock opened at $18.95 before soaring to an all-time high of $65.51 last February. Bu...
Stock Market Futures Inch Higher After Market Rally Gains Steam U.S. stock futures are leaning towards the green in early morning trading today. This comes as the broader stock market looks to shake off losses from a bumpy first half of 2022. With the beginning of a new week als...
Shares of Jumia Technologies (NYSE:JMIA) jumped on Friday after Citron Research fueled speculation about a buyout by Amazon (AMZN). In a tweet promoting his interview with Business Insider, famed shortseller and Citron CEO Andrew Left suggested that the African eCommerce business would be a k...
E-commerce companies performed exceptionally well during the heat of the pandemic as consumers relied on online platforms to purchase goods. Popular online shopping stocks like Amazon , Shopify , and Etsy went on massive bull runs as a result, returning 75%, 258%, and 518% to in...
Down 38% so far in 2022, the stock of Jumia Technologies (NYSE: JMIA) has been a punishing experience for investors. The e-commerce start-up has fallen far short of its ambition of becoming the "Amazon of Africa ." But can management turn the ship around? Let's explore...
A stock market unwilling to pay for risk and future potential has driven Jumia Technologies to a rock-bottom valuation. With a bettered stock and a 10-year anniversary, management chose a good time to pivot to a message about future profitability. Accelerating growth trends suppor...
Shares of Jumia Technologies (NYSE: JMIA) popped 12.6% this week, according to S&P Global Market Intelligence . The African e-commerce, payments, and logistics company reported strong growth in the first quarter that likely impressed the investor community. At one point, the...
The ongoing bear market has been unforgiving; name any growth stock, and it's likely lost most of its market value over the past six months. Investors are scared and throwing out the kitchen sink, selling stocks for no reason other than to avoid the pain of further drawdowns. E-commerce...
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LAGOS, NIGERIA / ACCESSWIRE / July 22, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the second quarter of 2024 before the U.S. market opens on Tuesday, August 6, 2024. Management will host a conference call to discuss the quarter's results ...