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Jumia Technologies is another failing internet stock to avoid. Jumia will likely continue losing money with little to hope for in JMIA stock.
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Jumia Technologies: Loss In Africa

10:17am, Thursday, 20'th Aug 2020
Jumia Technologies is a low-margin, cash-burning e-commerce marketplace that has been making losses since its inception.
A parabolic price run and heavy call option buying delivered a false pre-earnings signal. Earnings delivered a solid performance but not strong enough to support highly elevated prices and expectation
Shares of Jumia Technologies (NYSE: JMIA) were up 5% at 2:54 p.m. EDT on Thursday, having lost a little momentum after spending most of the morning up by double digits. Jumia, the e-commerce start-
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