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Why Jumia Technologies Stock Tumbled Today


Shares of Jumia Technologies (NYSE: JMIA) were sliding today after the African e-commerce company missed the mark in its third-quarter earnings report. The stock closed down 12.3%.

Today's report was Jumia's third as a publicly traded company, but the third time was definitely not the charm as the stock continued its downward spiral.

Image source: Jumia.

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Source Fool.com

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