Why Jumia Technologies Jumped Over 22% Today
Key Points A Wall Street analyst nearly tripled his price target on Jumia shares today. The upgrade comes on the heels of a meeting with management. The e-commerce player could make substantial progress toward profitability in the next few years, the analyst said. 10 stocks we like better than Jumia Technologies Ag › Shares of African e-commerce giant Jumia Technologies (NYSE: JMIA) rallied 22.3% on Tuesday as of 2:35 p.m. ET. Jumia didn't release any company-specific news today, but did receive ...