New Zealand markets closed
  • NZX 50

    11,065.15
    -37.69 (-0.34%)
     
  • NZD/USD

    0.6530
    +0.0047 (+0.72%)
     
  • NZD/EUR

    0.6091
    +0.0055 (+0.91%)
     
  • ALL ORDS

    7,413.10
    +73.80 (+1.01%)
     
  • ASX 200

    7,182.70
    +76.80 (+1.08%)
     
  • OIL

    114.65
    +0.56 (+0.49%)
     
  • GOLD

    1,856.50
    +2.60 (+0.14%)
     
  • NASDAQ

    12,583.69
    +306.90 (+2.50%)
     
  • FTSE

    7,585.46
    +20.54 (+0.27%)
     
  • Dow Jones

    32,966.53
    +329.34 (+1.01%)
     
  • DAX

    14,462.19
    +230.90 (+1.62%)
     
  • Hang Seng

    20,697.36
    +581.16 (+2.89%)
     
  • NIKKEI 225

    26,781.68
    +176.84 (+0.66%)
     
  • NZD/JPY

    82.9830
    +0.6660 (+0.81%)
     

Why Jumia Technologies Stock Was Soaring This Week

·2-min read
Why Jumia Technologies Stock Was Soaring This Week

Shares of Jumia Technologies (NYSE: JMIA) were catching fire this week as the African e-commerce company reported strong Black Friday results and benefited from a rebound in growth stocks. The big news out from Jumia this week was its Black Friday results. The results came after the company turned in a disappointing third-quarter earnings report featuring sluggish growth and a widening loss on the bottom line, and helped reset investor perceptions of Jumia as a growth stock.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting