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Stock impact report

Jumia Technologies (JMIA) Gains As Market Dips: What You Should Know [Yahoo! Finance]

Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) 
Company Research Source: Yahoo! Finance
This move outpaced the S&P 500's daily loss of 0.03%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq appreciated by 0.56%. Shares of the company witnessed a loss of 9.6% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.9% and the S&P 500's gain of 1.39%. Market participants will be closely following the financial results of Jumia Technologies in its upcoming release. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.25 per share and a revenue of $208.18 million, indicating changes of +74.49% and +4.57%, respectively, from the former year. Investors should also take note of any recent adjustments to analyst estimates for Jumia Technologies. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Research indicates th Show less Read more
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