Jumia
Why Jumia Technologies Stock More Than Doubled Last Month
What happened Shares of Jumia Technologies (NYSE:JMIA) were soaring last month even as investors largely rejected the African e-commerce company’s third-quarter earnings report, selling the stock on the news. Later in the month, a speculative frenzy driven by a possible short squeeze and bullish remarks by well-known investors lifted the stock. As a result, the Jumia shares …
Jumia Technologies AG (NYSE:JMIA) – Citron Explains Change Of Heart On Jumia Technologies, $100 Price Target
Citron Research has gone from bearish to bullish on Jumia Technologies, a Berlin-based e-commerce company operating in Africa. The Citron Bullish Case: Citron Research flagged problems at Jumia Technologies (NYSE: JMIA) in May 2019 that it said included financial discrepancies, fraudulent orders and company inefficiencies. Jumia has changed its business and seen higher adoption due to …
