What's Happening With JMIA Stock And CFG Stock Thursday? [Yahoo! Finance News]
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA)
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Source: Yahoo! Finance News
Recommended StoriesWhy Jumia nologies Stock Was Sliding TodayShares of Jumia nologies (NYSE: JMIA) were pulling back today after the African e-commerce company filed a secondary stock offering and as high-priced tech stocks pulled back broadly as treasury yields rose, weighing on growth stock valuations. As of 12:50 p.m. EDT, Jumia shares were down 15%, while the Composite was off 5%. In a filing this morning, Jumia said it would sell nearly 9 million American depositary shares, which are valued at close to $400 million at the current stock price.Are interest rates going to head back up? Real worries about rising rates are starting to seep into the stock markets, as inflation indicators are going up and Fed chair Jerome Powell is said to be considering a change in the Fed’s current rate policy. The central bank has kept rates at rock-bottom for over a year now, but if inflation starts to set in, the bank may have no choice but to rethink that policy, as interest rates are its chief
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High impacting Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares news events
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JMIA
News
- Jumia to Announce First Quarter 2024 Results on May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- Jumia to Announce First Quarter 2024 Results on May 7, 2024Accesswire
- Are Retail-Wholesale Stocks Lagging Jumia Technologies (JMIA) This Year? [Yahoo! Finance]Yahoo! Finance
- Are Retail-Wholesale Stocks Lagging J.Jill (JILL) This Year? [Yahoo! Finance]Yahoo! Finance
- Jumia Files Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission [Yahoo! Finance]Yahoo! Finance
JMIA
Sec Filings
- 3/28/24 - Form 20-F
- 3/28/24 - Form 6-K
- 2/15/24 - Form 6-K
- JMIA's page on the SEC website