Latest News

Nio: Big Year at the Gate

0

Motley Fool

Why Jumia Technologies Dived by Nearly 10% Today

Monday was not a good day to be an investor of African e-commerce specialist Jumia Technologies (NYSE: JMIA). In the wake of a disappointing earnings report published earlier this month, one analyst at a prominent investment bank has become more bearish on the stock; his analysis helped push Jumia’s share price down by almost 10% on the day. Analyst Luke Holbrook has taken over coverage of Jumia stock for Morgan Stanley, and he wasted little time downshifting the investment bank’s recommendation.

Congress hopes to avoid a government shutdown as Friday deadline approaches

Previous article

Early holiday retail stock winners post-Black Friday, according to analysts

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News