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0.000628875745297311 0.000230853121691465 -0.00335135049076186 -0.00215728261994418 -0.00494344098518567 -0.00255530524355003 -0.00573948623239751 0.00580316985217431
Stock impact report

Why Jumia Technologies Rocketed 35% Higher in September [Yahoo! Finance]

Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) 
Company Research Source: Yahoo! Finance
One Wall Street analyst hiked his price target on shares by 130%. Jumia also rolled out an electric bike delivery initiative in Uganda. 10 stocks we like better than Jumia Technologies Ag › Shares of African e-commerce leader Jumia Technologies (NYSE: JMIA) rallied 35% in September, according to data from S&P Global Market Intelligence Jumia didn't have much in the way of company-specific news in the month, as it disclosed second-quarter earnings results back in early August. However, Jumia's management gave an interview and hosted analysts, explaining how the Trump administration's tariffs are actually benefiting the African e-commerce company. Midway through the month, a Wall Street sell-side analyst more than doubled his price target on shares, leading to a 22% increase on the same day. As U.S. levies tariffs on China, Jumia can buy for cheaper Early in September, Jumia CEO Francis Dufay gave an interview with Bloomberg, highlighting a number of points. Jumia has und Show less Read more
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