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Why Jumia Stock Popped Today

Jon Quast, The Motley Fool
·2 min read

Shares of African e-commerce company Jumia Technologies (NYSE: JMIA) popped on Wednesday after a very promising financial report for the second quarter of 2022. In relative terms, the company showed improvement in most every performance metric. In Q2, Jumia's revenue was up 42.5% year over year to $57.3 million.

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