Why Jumia Technologies Stock Popped 12.6% This Week

Why Jumia Technologies Stock Popped 12.6% This Week

Shares of Jumia Technologies (NYSE: JMIA) popped 12.6% this week, according to S&P Global Market Intelligence. The African e-commerce, payments, and logistics company reported strong growth in the first quarter that likely impressed the investor community. Jumia operates as an Amazon clone in many African nations.