Building in Africa
The results are almost in
Heads up: Jumia’s fourth-quarter report for 2020 will be released tomorrow and it’s something a lot of investors are looking forward to.
Jumia has moved from getting constant bashing in the media to becoming a darling of the stock market. Its stock market run in the last five months has been impressive and at one time, $JMIA traded at $67.
But ahead of results, share prices are down to $51 and depending on the results tomorrow, share prices may dip or rise. One thing investors will have their eye on will be the company’s losses.