SPDR Dow Jones Industrial Average ETF

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Invesco QQQ Trust Series 1

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

QQQ is trending downwards as the community debates whether recent drops are a market correction or the start of a longer-term decline, with some citing strong earnings and jobs data as reasons for potential bounces. Concerns around AI's impact and comparisons to past market downturns are fueling bearish sentiment, while others anticipate a rally into the holiday season. Traders are closely watching key support levels and VIX for potential market direction cues.

Bitmine Immersion Technologies, Inc. is a blockchain technology company, which engages in industrial scale digital asset mining, equipment sales, and hosting operations. It operates through the Cryptocurrency Mining Industry segment. The company was founded on August 16, 1995 and is headquartered in Las Vegas, NV.

BitMine Immersion Technologies Inc

Bitmine Immersion Technologies Inc

Bitmine Immersion Technologies is trending downwards as the community expresses concerns over its large Ethereum holdings amidst a broader crypto downturn, with many pointing to unrealized losses and the potential impact of upcoming earnings. Discussions revolve around the company's strategy, particularly regarding staking, and whether CEO Tom Lee can address investor anxieties. Some traders speculate on coordinated short attacks, while others see a buying opportunity if the company starts staking.

Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm.   With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital asset often called "digital gold." Its value stems from solving the double-spending problem without trusted intermediaries, creating the first truly scarce digital asset with censorship resistance and permissionless access that no government, corporation, or individual can control.  Bitcoin operates as a decentralized peer-to-peer network where transactions are recorded on a public ledger called the blockchain, distributed across thousands of computers globally. Transactions are grouped into blocks added approximately every 10 minutes through mining, where specialized computers compete to solve complex mathematical puzzles.   Bitcoin has achieved mainstream adoption through multiple vectors. The January 2024 SEC approval of 11 spot Bitcoin ETFs opened Bitcoin investment to traditional finance participants, and corporations like Strategy (formerly MicroStrategy) are using Bitcoin as a treasury reserve asset to protect against currency debasement, offering MSTR holders amplified exposure to Bitcoin.   The Bitcoin ecosystem continues to evolve with innovations like Ordinals, which emerged in January 2023 to enable NFT-like functionality directly on Bitcoin, and BRC-20 tokens, an experimental standard for creating fungible tokens using Ordinal inscriptions. BTCFi (Bitcoin Finance) represents emerging financial applications extending beyond Bitcoin's traditional role, with protocols like Babylon allowing Bitcoin holders to stake BTC to secure Proof of Stake chains.

Bitcoin

Bitcoin is trending downwards as the broader crypto market experiences a pullback, sparking discussions about potential support levels and whether this is a temporary dip or a longer-term correction. The community is debating the influence of large holders and potential market manipulation, while also considering historical patterns and future catalysts. Some traders are expressing concern and urging caution, while others see this as a buying opportunity.

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.

Webull Corp. - Ordinary Shares - Class A

Webull Corp

Webull ($BULL) is trending as investors discuss its latest earnings report, with community members debating whether positive results will be enough to overcome negative market sentiment. Discussions also include speculation about potential upgrades, institutional interest, and comparisons to similar companies like SoFi. Some traders are closely watching for guidance from the earnings call and anticipate increased volatility.

SSgA Active Trust - SPDR S&P 500 ETF Trust

The SPY is trending amid a sharp market reversal driven by concerns about future rate cuts and disappointing reactions to tech earnings, sparking community discussion on potential support levels and market manipulation. Community members are debating whether this is a temporary pullback or the start of a larger correction, with some pointing to potential negative catalysts while others anticipate a bounce. Discussions also involve the impact of political factors and the unwinding of carry trades on market sentiment.

Strategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Vienna, VA.

Strategy Inc. - Ordinary Shares - Class A

Strategy

Strategy (MSTR) is trending downwards as Bitcoin's recent volatility sparks concerns about the company's heavy investment in the cryptocurrency and potential margin calls. The community is actively discussing downside risk, potential bankruptcy scenarios, and the impact of prominent figures like Jim Cramer and Michael Saylor on the stock's future, questioning its correlation with Bitcoin's price movements.

Walmart, Inc. engages in the retail and wholesale business. The company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a mass merchandiser of consumer products, operating under the Walmart and Walmart Neighborhood Market brands, including walmart.com. The Walmart International segment includes operations of wholly-owned subsidiaries in Canada, Chile, China, and Africa, and majority-owned subsidiaries in India, as well as Mexico and Central America. The Sam's Club segment manages membership-only warehouse clubs and operates samsclub.com. The company was founded by Samuel Moore Walton and James Lawrence Walton on July 2, 1962 and is headquartered in Bentonville, AR.

Walmart Inc

Walmart is trending as investors assess its stability amid broader market uncertainty and an upcoming earnings report, with some highlighting its potential to capture market share from competitors. The community is also discussing Walmart's AI initiatives and the impact of consumer spending trends on its performance. Additionally, Walmart's recent announcement of a CEO transition is being monitored for its potential impact on the company's strategic direction.

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Micron Technology Inc.

Micron Technology Inc

Micron is trending amid a volatile trading session, driven by reactions to increased capital expenditure plans and anticipation for Nvidia's upcoming earnings report. Community members are actively debating whether the recent pullback presents a buying opportunity or signals an overbought condition, with some citing strong fundamentals and rising memory prices, while others point to potential overvaluation and cyclical concerns within the semiconductor sector.

NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 and is headquartered in Jiading, China.

NIO Inc - ADR

NIO Inc

NIO is trending downwards, with the community debating potential causes such as market manipulation, overall market conditions, and concerns about profitability ahead of earnings; some traders are pointing to the company's recent news regarding its AI chip, while others express frustration with the stock's performance despite positive developments for the EV maker.

BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF

iShares Russell 2000 ETF

IWM is trending as traders assess its recent pullback and potential for a rebound, with some noting its relative strength compared to tech. Community members are actively discussing key support and resistance levels, put/call flows, and the potential impact of upcoming economic data and $NVDA earnings on small caps. Overall sentiment appears mixed, with both bullish and bearish viewpoints being shared.

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Jumia Technologies (NYSE:JMIA) Shares Gap Up - Here's What Happened

Jumia Technologies (NYSE:JMIA) Shares Gap Up - Should You Buy...

Jumia Technologies (NYSE:JMIA) Shares Gap Down - Should You Sell?

Jumia Technologies (NYSE:JMIA) Shares Gap Down - Should You Sell...

Jumia Technologies (NYSE:JMIA) Releases Earnings Results

Jumia Technologies (NYSE:JMIA - Get Free Report) issued its earnings results on Wednesday. The company reported ($999.00) EPS for the quarter. Jumia Technologies had a negative net margin of 42.52...

Jumia Technologies (NYSE:JMIA) Shares Down 6.8% - Time to Sell?

Jumia Technologies (NYSE:JMIA) Trading Down 6.8% - What's Next...

<ul class="summary-bullets"><li>Jumia forecasts a 2025 loss before income tax to be between $50 million and $55 million, compared with the previous forecast of a loss in the range of $45 million to $50 million.</li><li>Jumia added that AI-driven workflows in customer service, marketing, and technology operations are improving efficiency, streamlining processes, and supporting a leaner cost structure.</li><li>The company’s third-quarter revenue came in at $45.6 million, compared with Wall Street estimates of $49.84 million, according to data compiled by Fiscal AI.</li></ul>Jumia Technologies AG (JMIA) shares fell nearly 15% in premarket trading on Wednesday after the company widened its 2025 loss forecast, even as it reaffirmed its plans to reach full-year profitability by 2027.&nbsp;CEO Francis Dufay said that the company was confident about its turnaround strategy and that the third quarter marked a significant acceleration in customer demand and order growth.“We believe that we are on track to reach breakeven on a Loss before Income tax basis in Q4 2026 and achieve full-year profitability in 2027, positioning Jumia for long-term growth and value creation,” Dufay said.<h2 class="st-heading-2">Jumia’s 2025 Forecast</h2>Jumia forecasts a 2025 loss before income tax to be between $50 million and $55 million. This compares to the previous forecast of a loss before income tax in the range of $45 million to $50 million.The company said that it continues to streamline its organization, with a total headcount decline of 7% since December 31, 2024, and a payroll of just over 2,010 employees as of September 30, 2025.“We are leveraging AI across key functions to enhance productivity and reduce operating expenses,” Jumia said.Jumia added that AI-driven workflows in customer service, marketing, and technology operations are improving efficiency, streamlining processes, and supporting a leaner cost structure. “These initiatives are contributing to ongoing reductions in total operating expenses and improved scalability,” the company said.The company said that it expects physical goods orders to grow between 25% and 27% for 2025, compared with the prior forecast of 25% to 30%.Jumia has now projected gross merchandise value (GMV) to rise between 15% and 17% year-over-year, compared with an earlier expectation of 15% to 20% growth.<h2 class="st-heading-2">Q3 Earnings Fineprint</h2>The company’s third-quarter revenue came in at $45.6 million, compared with Wall Street estimates of $49.84 million, according to data compiled by Fiscal AI.Jumia said quarterly GMV was $197.2 million compared to $162.9 million in the third quarter of 2024. The company reported that its loss before income tax for the third quarter was $17.7 million, compared to $17.8 million a the same period last year.Retail sentiment on Jumia jumped to ‘extremely bullish’ from ‘neutral’ territory compared to a day ago, with message volumes at ‘extremely high’ levels, according to data from Stocktwits.<a href="https://stocktwits.com/symbol/JMIA">Shares of Jumia</a> have gained over 176% this year.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/usa-rare-earth-stock-rises-after-clearing-regulatory-hurdle-in-lcm-acquisition/cLPIwYuRE5w">USA Rare Earth Stock Rises After Clearing Final Regulatory Hurdle In LCM Acquisition</a>

In this photo illustration, the logo of Jumia Technologies AG is displayed on a smartphone screen.

JMIA Stock Slides Pre-Market On Higher 2025 Loss Guidance Despite Long-Term Profit Target

The company said that it expects physical goods orders to grow between 25% and 27% for 2025, compared with the prior forecast of 25% to 30%.

Equity

The company said that it expects physical goods orders to grow between 25% and 27% for 2025, compared with the prior forecast of 25% to 30%.


INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Jumia Technologies AG - JMIA

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Jumia Technologies AG - JMIA INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Jumia...

Jumia Technologies AG (JMIA) received a major upgrade from RBC Capital Markets after meetings with company leadership, which boosted confidence in its outlook.&nbsp;RBC upgraded the stock to ‘Outperform’ from ‘Sector Perform’ and lifted the price target to $15 from $6.50, citing improved supply conditions and weakening currency pressures as key positives, according to Thefly.&nbsp;&nbsp;<a href="https://stocktwits.com/symbol/JMIA">Jumia Technologies' stock</a> traded over 21% higher by Tuesday afternoon. On Stocktwits, retail sentiment around the stock jumped to ‘extremely bullish’ from ‘bullish’ territory the previous day. Message volume improved to ‘extremely high’ from ‘high’ levels in 24 hours.&nbsp;<figure class="image"><img style="aspect-ratio:932/111;" src="https://news.stocktwits-cdn.com/Screenshot_2025_09_16_133025_png_6fd5fb61a1.webp" alt="JMIA’s Sentiment Meter and Message Volume as of 01:15 p.m. ET on Sep. 16, 2025 | Source: Stocktwits" width="932" height="111"><figcaption>JMIA’s Sentiment Meter and Message Volume as of 01:15 p.m. ET on Sep. 16, 2025 | Source: Stocktwits</figcaption></figure>The stock experienced a 775% increase in user message count&nbsp;over 24 hours, as of Tuesday morning.&nbsp;A Stocktwits user commended the stock’s gain since June.&nbsp;<stembedurl>https://stocktwits.com/stock_head/message/628849884</stembedurl>RBC’s bullish stance follows virtual meetings with Jumia’s CEO and CFO, where management appeared “incrementally positive” about the company’s ability to benefit from easing foreign exchange headwinds.&nbsp;The firm believes there’s room for upside as Jumia scales its operations with supply expansion and a boost in order growth.&nbsp;RBC expects Jumia to strengthen its relationships and gain momentum with Chinese suppliers.Jumia is one of Africa’s top e-commerce platforms. It runs its own delivery network, called Jumia Logistics, and offers digital payments through JumiaPay.&nbsp;The company’s second-quarter (Q2) revenue of $45.6 million exceeded the analyst consensus estimate of $44.8 million, according to Fiscal AI data. The Gross Merchandise Value (GMV) for Q2 rose 6% year-over-year to $180.2 million.&nbsp;Jumia Technologies’ stock has gained over 213% year-to-date and over 161% in the last 12 months.&nbsp;Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/turbo-energy-stock-shots-up-over-460-percent-to-hit-a-record-high-today/chwyFY3Rdzq">Turbo Energy Stock Shoots Up Over 460% To Hit A Record High Today – Find Out More</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Jumia Technologies will be issuing over 20.22 million American Depositary Shares turning Wall Street against it.

Jumia Technologies Stock Jumped 21% Today After A Major Wall Street Upgrade – Check Out The New Price Target

RBC upgraded the stock to ‘Outperform’ from ‘Sector Perform’ and lifted the price target to $15 from $6.50, citing improved supply conditions and weakening currency pressures.

Retail user message count on Celsius Holdings, Jumia Technologies, and Duolingo stocks saw a massive jump in the last 24 hours on Stocktwits, with sentiment surrounding these companies ranging from ‘neutral’ to ‘bullish’ territories.Here’s a look at what makes them the top three discussed consumer and retail firms:1.&nbsp;Celsius Holdings (CELH):&nbsp;The message count on&nbsp;the stock saw a 3,533% jump on Stocktwits over the last 24 hours, with no news from the company in particular. Retail sentiment on Celsius remained unchanged in the ‘bullish’ territory, with message volumes at ‘high’ levels, according to data from Stocktwits.<figure class="image"><img style="aspect-ratio:802/90;" src="https://news.stocktwits-cdn.com/CELH_sentiment_png_3de9e6bf70.webp" alt="CELH sentiment.png" width="802" height="90"><figcaption>CELH sentiment and message volume August 19, 2025, as of 6:55 am ET | Source: Stocktwits</figcaption></figure>Shares of <a href="https://stocktwits.com/symbol/CELH">Celsius</a> were down marginally at $61.11 before the bell on Tuesday. A user on Stocktwits noted that the stock is expected to reach $100 by the end of next week.<stembedurl>https://stocktwits.com/HopeForBetter/message/625721222</stembedurl>Celsius stock has jumped over 130% so far this year and has gained 52% in the last 12 months.2.&nbsp;Jumia Technologies (JMIA):&nbsp;The retail user count increased 2,600% in the last 24 hours on Stocktwits while sentiment dipped to ‘bullish’ from ‘extremely bullish’ a day ago. Retail chatter remained at ‘high’ levels, according to Stocktwits data.<figure class="image"><img style="aspect-ratio:803/92;" src="https://news.stocktwits-cdn.com/JIMA_sentiment_png_c6bbee79b3.webp" alt="JIMA sentiment.png" width="803" height="92"><figcaption>JMIA sentiment and message volume August 19, 2025, as of 7:10 am ET | Source: Stocktwits</figcaption></figure>Shares of <a href="https://stocktwits.com/symbol/JMIA">Jumia</a> were marginally down in premarket trading with no news from the company. Jumia stock has gained 110% so far this year and has increased by 61% over the last 12 months.3.&nbsp; Duolingo Inc. (DUOL):&nbsp;The message count on Duolingo jumped over 2,400% on Stocktwits in the last 24 hours.&nbsp;Retail sentiment remained unchanged in the ‘neutral’ territory, with chatter at ‘high’ levels, according to data from Stocktwits.<figure class="image"><img style="aspect-ratio:793/93;" src="https://news.stocktwits-cdn.com/DUOL_sentiment_png_5a395f5f6e.webp" alt="DUOL sentiment.png" width="793" height="93"><figcaption>DUOL sentiment and message volume August 19, 2025, as of 7:20 am ET | Source: Stocktwits</figcaption></figure>Shares of <a href="https://stocktwits.com/symbol/DUOL">Duolingo</a> rose nearly 1% before the bell. According to media reports, Luis von Ahn, the CEO, admitted that he didn’t offer enough explanation when unveiling the language-learning platform’s shift toward an “AI-first” approach earlier this year, which led to significant user criticism and threats to cancel subscriptions.Duolingo stock has jumped 14% so far this year and gained 81% in the last 12&nbsp;months.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/nextstar-acquires-tegna-for-over-6-billion/chsgidORdgk">Nexstar To Acquire TEGNA In $6.2B Deal</a>

A laptop keyboard and Duolingo on App Store displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 17, 2025.

Celsius, Jumia, And Duolingo Draw The Highest Retail Chatter Among Consumer Names On Stocktwits

Celsius Holding led the surge in chatter for the consumer and retail sector with a whopping 3,533% jump in retail user message count on Stocktwits in the last 24 hours.

Jumia Technologies AG (JMIA), Africa’s largest online retail platform, has reportedly attracted acquisition interest from Axian Telecom, a Mauritius-based telecom provider with a focus on the African market.&nbsp;According to a Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-07-01/e-commerce-firm-jumia-said-to-draw-takeover-interest-from-axian?srnd=phx-technology">report</a>, sources familiar with the discussions say Axian recently secured $600 million in funding, earmarked in part to support a potential purchase of Jumia.<a href="https://stocktwits.com/symbol/JMIA">Jumia Technologies stock</a> traded over 7% higher on Tuesday morning after the report.While Axian has been increasing its stake in Jumia, reaching 8% ownership as of May, sources caution that negotiations are ongoing and may not result in a finalized agreement.&nbsp;Jumia, listed on the New York Stock Exchange, currently has a market valuation of nearly $500 million. The deal, if completed, could result in Jumia being taken private, the report suggested.Jumia, which launched in Nigeria in 2012, became Africa’s first startup to surpass a $1 billion valuation. Although it went public on the New York Stock Exchange in 2019, the company’s share price has dropped notably in the years that followed.Jumia Technologies stock has gained over 12% year-to-date and has lost over 39% in the past 12 months.In a bid to streamline operations and improve margins, Jumia recently moved senior leadership from Dubai to its core African offices.Recently, the company said a growing number of Chinese merchants are turning to it as trade barriers with the U.S. prompt exporters to explore alternative markets.&nbsp;CEO Francis Dufay stated that the platform hosted roughly 12,000 global vendors, mainly from China, who are responsible for around one-third of all items sold.&nbsp;In 2024, Jumia posted $167.5 million in revenue and served 5.4 million customers across the continent.In the first quarter (Q1) of 2025, Jumia Technologies’ revenue plunged 26% year-on-year (YoY) to $36.3 million, missing the analysts' consensus estimate of $39.24 million, as per FinChatt data.The gross merchandise value (GMV) for Q1 declined 11% YoY to $161.7 million.Following the announcement, retail sentiment shifted into the ‘bullish’ territory (73/100) from the ‘neutral’ zone amid ‘high’ levels of message volume.<figure class="image"><img style="aspect-ratio:959/111;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_01_110929_png_784ba29ecc.webp" alt="JMIA's Sentiment Meter and Message Volume as of 11.15 a.m. ET on July 1, 2025 | Source: Stocktwits" width="959" height="111"><figcaption>JMIA's Sentiment Meter and Message Volume as of 11.15 a.m. ET on July 1, 2025 | Source: Stocktwits</figcaption></figure>Also See: <a href="https://stocktwits.com/news-articles/markets/equity/microsoft-strikes-5-year-deal-with-premier-league/chFW0RjRRCN">Microsoft Strikes 5-Year Deal With Premier League To Bring AI-Powered Experience To Global Fans</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Jumia Shares Jump As Axian Mulls Buyout of E-Commerce Giant: Report

Jumia Technologies is exploring potential acquisition talks with Axian Telecom, which recently raised $600 million. 

Africa-based e-commerce platform Jumia Technologies’ shares dove nearly 48% on Tuesday after the firm announced its intention to raise funds by issuing over 20.22 million American Depositary Shares (ADS).The firm intends to use the proceeds to help support customer acquisition, expansion of supplier base, scaling its logistics network and improving marketing and vendor technology. It also cited general corporate purposes.However, retail investors are shrugging-off the fundraise news while concentrating on its improving operating metrics.Jumia Technologies’ Q2 revenue declined 17% year-over-year (YoY) to $36.50 million but operating loss narrowed to $20.20 million compared to $22.10 million in the same period a year ago.The firm said its quarterly cash burn declined 55% driven by effective cost management and reduction in finance costs. Its finance costs for the second quarter were mainly influenced by losses recognized on the sale of financial assets. Jumia also reported a 35% jump in its gross merchandise value (GMV) at $170.10 million (constant currency basis).Notably, 67% of the company’s liquidity position was held in U.S. dollars as of the second quarter of 2024. Jumia said it continues to refine its cash repatriation strategy.Following the announcement, retail sentiment shifted into the ‘bullish’ territory (76/100) from the bearish zone, while message volumes hit a one-year high.<figure class="image"><a href="https://stocktwits.com/symbol/JMIA"><img style="aspect-ratio:1572/450;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_08_06_at_12_34_50_PM_47e543ee3d.png" alt="Jumia Technologies’ sentiment meter as of 12:09 p.m. EST on August 06, 2024" width="1572" height="450"></a><figcaption>Jumia Technologies’ sentiment meter as of 12:09 p.m. EST on August 06, 2024</figcaption></figure>The firm is also attracting more quality customers, showing a 262 basis points YoY improvement in repurchase rates during the first quarter of 2024.According to the company’s analysis, 36% of new customers who placed an order for a product or a service on its platform in Q1 completed a second purchase within 90 days. “This represents an improvement compared to 33% of new customers from the first quarter of 2023, who reordered within 90 days,” it said.Jumia now projects an increase in both orders and GMV in 2024, excluding the potential impact of foreign exchange. Stocktwits bulls are betting on the long-term prospects of the firm while expecting continued improvements in its underlying business trends. &nbsp;<figure class="image"><a href="https://stocktwits.com/glasshouse56/message/581969568"><img style="aspect-ratio:1550/310;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_08_06_at_12_38_52_PM_a7683afc99.png" alt="Stocktwits user glasshouse56's post on Jumia Technologies" width="1550" height="310"></a><figcaption>Stocktwits user glasshouse56's post on Jumia Technologies</figcaption></figure>

Jumia Technologies Falls 48% After Fundraise Disclosure But Retail Focuses On Improving Operating Metrics

Jumia Technologies will be issuing over 20.22 million American Depositary Shares turning Wall Street against it. But retail investors believe the firm’s improving metrics and newfound liquidity lays the foundation for better long-term prospects.

Jumia Technologies AG engages in the provision of logistic services. It operates a pan-African e-commerce platform. It operates through the following geographical segments: West Africa, North Africa, East and South Africa, Europe, United Arab Emirates, and Others. The company was founded by Jeremy Hodara, Sacha Poignonnec, Peter Allerstorfer, Manuel Koser, Tunde Kehinde, and Raphael Afaedor in 2012 and is headquartered in Berlin, Germany.

Current Price	$9.50
Prev Close	$10.05
Open	$10.35
Dividend Yield	0.00%
50-Day Moving Average	$11.21
Beta	2.40
Avg. Volume	2.69M
PE Ratio	-9.85

52-Week High	$13.14
52-Week Low	$1.60
Market Capitalization	$1.23B
EPS (Annual)	-$0.8984
Price to Book	14.18
Revenue Per Employee	$77,295.49
Enterprise Value/EBITDA	N/A

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Jumia Technologies Ag - ADR

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