Jumia Technologies (JMIA) stock outperforms S&P 500, positive news.

From Nasdaq: 2024-06-26 18:15:22

In the latest market close, Jumia Technologies (JMIA) reached $7.28, with a +1.39% movement, outpacing the S&P 500. Shares have gained 15.06% in the past month. The upcoming earnings release is eagerly awaited, with projected earnings of -$0.25 per share and revenue of $208.18 million. Analyst estimates and Zacks Rank suggest positive stock performance ahead.

The Internet-Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 74, placing it in the top 30% of industries. Zacks research shows top-ranked industries outperform lower-ranked ones 2 to 1. Keep track of stock-moving metrics using Zacks.com. Get insights on 5 stocks to invest in before Election Day to capitalize on market trends.

These stocks include a medical manufacturer with an 11,000% growth in the last 15 years, a rental company excelling in its sector, an energy powerhouse expanding dividends, an aerospace and defense company winning a $80 billion contract, and a major chipmaker building large U.S. plants. Download the free special report from Zacks for timely stock recommendations.



Read more at Nasdaq: Jumia Technologies (JMIA) Outperforms Broader Market: What You Need to Know