Jumia JMIA - The next Amazon?

2024年8月6日

Not sure why Jumia has such strong technical while the fundamental are not so good. Is Jumia being given the same grace as Amazon that did not turn a profit for 13 or so years? Jumia is not turning a profit. But Jumia is like the Amazon of Africa. Do investors see the same future for Jumia? Do they see this as a bargain price for longterm investors? Not sure. The technicals have the price up 400% ytd. Price is about 500% away from all-time highs. Not sure what's next for Jumia. This is one to watch.

2024年8月15日

交易進行

Is Jumia on sale or did the bubble burst?