El interés en corto de Jumia Technologies da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Jumia Technologies. Los datos de interés en corto se actualizan cada dos semanas.

Jumia Technologies (NYSE:JMIA) Bolsa, Informe de interés en corto

Jumia Technologies

Jumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment.

Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares

Jumia Technologies AG

JUMIA TECHNOLOGIES ADR REP 2 ORD

WIIM

JMIA

Jumia Technologies shares are trading lower after the company reported worse-than-expected Q3 revenue results.

<h3>Gainers</h3>
<ul>
<li>Interactive Strength (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) shares increased by 35.3% to $0.12 during Thursday's pre-market session. </li>
<li>Dutch Bros (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) stock increased by 17.34% to $41.0. The market value of their outstanding shares is at $4.6 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) stock moved upwards by 10.36% to $0.82. The company's market cap stands at $7.0 million. </li>
<li>Jiuzi Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZXN#NASDAQ">JZXN</a>) shares increased by 8.88% to $1.47. The company's market cap stands at $13.3 million. </li>
<li>Planet Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>) shares increased by 6.46% to $90.12. The company's market cap stands at $7.6 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) stock moved upwards by 6.45% to $8.58. The company's market cap stands at $3.7 billion. As per the press release, Q2 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>A-Mark Precious Metals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRK#NASDAQ">AMRK</a>) shares declined by 12.8% to $32.8 during Thursday's pre-market session. The company's market cap stands at $752.8 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>Arhaus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NASDAQ">ARHS</a>) stock fell 11.19% to $8.1. The company's market cap stands at $1.1 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock decreased by 9.77% to $0.11. The company's market cap stands at $1.0 million. </li>
<li>Jumia Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) stock decreased by 9.55% to $4.36. The market value of their outstanding shares is at $533.9 million. As per the press release, Q3 earnings came out today. </li>
<li>MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) shares declined by 8.9% to $1929.0. The company's market cap stands at $97.7 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>SAG Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAG#NASDAQ">SAG</a>) shares decreased by 8.17% to $2.7. The market value of their outstanding shares is at $26.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AMRK

ARHS

BROS

DBGI

JZXN

MELI

PLNT

TRNR

12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Interactive Strength (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) stock increased by 35.3% to $0.12 during Thursday's pre-market session. </li>
<li>Dutch Bros (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) shares moved upwards by 17.34% to $41.0. The market value of their outstanding shares is at $4.6 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) stock increased by 10.36% to $0.82. The market value of their outstanding shares is at $7.0 million. </li>
<li>Jiuzi Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZXN#NASDAQ">JZXN</a>) stock moved upwards by 8.88% to $1.47. The market value of their outstanding shares is at $13.3 million. </li>
<li>Planet Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>) shares increased by 6.46% to $90.12. The market value of their outstanding shares is at $7.6 billion. The company's, Q3 earnings came out today. </li>
<li>Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) shares moved upwards by 6.45% to $8.58. The company's market cap stands at $3.7 billion. As per the press release, Q2 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>A-Mark Precious Metals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRK#NASDAQ">AMRK</a>) stock decreased by 12.8% to $32.8 during Thursday's pre-market session. The market value of their outstanding shares is at $752.8 million. The company's, Q1 earnings came out yesterday. </li>
<li>Arhaus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NASDAQ">ARHS</a>) shares decreased by 11.19% to $8.1. The market value of their outstanding shares is at $1.1 billion. The company's, Q3 earnings came out today. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock fell 9.77% to $0.11. The market value of their outstanding shares is at $1.0 million. </li>
<li>Jumia Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) stock fell 9.55% to $4.36. The company's market cap stands at $533.9 million. As per the press release, Q3 earnings came out today. </li>
<li>MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) stock fell 8.9% to $1929.0. The market value of their outstanding shares is at $97.7 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>SAG Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAG#NASDAQ">SAG</a>) stock fell 8.17% to $2.7. The market value of their outstanding shares is at $26.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GUIDANCE
Jumia remains committed to reducing its losses and accelerating its progress towards cash efficiency and profitable growth.
The Company reiterates its outlook for 2024:
It aims to further reduce its cash utilization as compared to FY 2023.
Based on the positive impact of its growth strategy, Jumia projects an increase in both orders and GMV in 2024, excluding the potential impact of foreign exchange.

News

Guidance

Jumia Reiterates Its Outlook For 2024: Aims To Further Reduce Its Cash Utilization, Projects Increase In Both Orders And GMV, Excluding Potential Impact Of Foreign Exchange

Earnings

Earnings Misses

Jumia Technologies Q3 Sales $36.431M Miss $36.841M Estimate

HEPS

Hepsiburada Partners With Jumia To Expand Product Selection For North African Consumers, Offering Turkish Private Label And Curated Brands On Jumia's Platform

Partnership with Leading Turkish E-commerce Technology Platform to Expand Product Access for North African Consumers
CAIRO, EGYPT / ACCESSWIRE / October 30, 2024 / Jumia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) and D-MARKET Electronic Services &amp; Trading (d/b/a "Hepsiburada") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEPS#NASDAQ">HEPS</a>), today announced that the companies have entered into a commercial partnership whereby Hepsiburada will list its private label products and a portion of its retail assortment, together with a selection of other curated Turkish brands, on Jumia.
Headquartered in Istanbul, Hepsiburada is a leading e-commerce technology platform in Türkiye. Through this partnership, the two companies will leverage their respective strengths to provide a seamless and improved shopping experience for Jumia`s consumers. The collaboration lays the groundwork for broader engagement across key African markets where Jumia operates.

Global

Hepsiburada And Jumia Join Forces To Expand Product Access For North African Consumers

Jumia Technologies Announced The Planned Closure Of Its Operations In South Africa, Operated Under The Brand Name Zando, And Tunisia

Jumia To Open New Integrated Warehouses In Egypt And Ivory Coast To Boost E-Commerce Growth And Efficiency

U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Friday.
Shares of H&amp;R Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRB#NYSE">HRB</a>) rose sharply during Friday's session after the company reported better-than-expected fourth-quarter financial results and issued <a href="https://www.benzinga.com/news/earnings/24/08/40407075/h-r-block-q4-earnings-revenue-beat-eps-beat-strong-guidance-1-5b-buyback-stock-up-9">FY25 guidance above estimates.</a>
H&amp;R Block reported quarterly earnings of $1.89 per share which beat the analyst consensus estimate of $1.74. The company reported quarterly sales of $1.063 billion which beat the analyst consensus estimate of $1.028 billion.
Also, the company announced a quarterly dividend increase and $1.5 billion share repurchase authorization.
H&amp;R Block shares jumped 16.4% to $66.73 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Emergent BioSolutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) shares jumped 25% to $10.82. Shares of vaccine and mpox-related stocks traded higher after the WHO declared it a global health emergency.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) surged 16.4% to $36.52. AST SpaceMobile recently said its first five commercial satellites are on target for orbital launch in the first half of September.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 16% to $6.76. Today, the company said it has successfully packed and shipped two Mars-bound spacecraft to Cape Canaveral, FL, in readiness for launch.</li>
<li>Planet Labs PBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) gained 16% to $2.520 after the company announced that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE), will launch on the Transporter-11 rideshare mission with SpaceX on August 16.</li>
<li>Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) rose 14.8% to $5.63. Jumia announced completion of at-the-market offering.</li>
<li>Polestar Automotive Holding UK PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) gained 14.6% to $0.8482. Cantor Fitzgerald analyst Andres Sheppard reiterated Polestar Automotive with an Overweight and maintained a $3 price target.</li>
<li>SIGA Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGA#NASDAQ">SIGA</a>) gained 14.6% to $11.01.</li>
<li>Ambipar Emergency Response (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBI#NYSE">AMBI</a>) climbed 10.5% to $5.99.</li>
<li>Treace Medical Concepts, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMCI#NASDAQ">TMCI</a>) rose 9.2% to $6.53.</li>
<li>CI&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) shares gained 7.4% to $7.25 after the company reported better-than-expected second-quarter financial results.</li>
<li>QXO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NYSE">QXO</a>) gained 7.1% to $12.15.</li>
<li>Cellebrite DI Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLBT#NYSE">CLBT</a>) rose 6.7% to $15.96. Cellebrite, on Thursday, reported better-than-expected second-quarter financial results and raised its FY24 revenue guidance above estimates.</li>
<li>JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) gained 5.5% to $28.51.</li>
<li>Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) rose 4.9% to $83.44 after multiple analysts raised their price targets on the stock following Thursday&#8217;s earnings report.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40417110/jim-cramer-this-financial-stock-is-a-buy-core-scientific-is-a-very-overvalued-situation"> </a>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40417110/jim-cramer-this-financial-stock-is-a-buy-core-scientific-is-a-very-overvalued-situation">Jim Cramer: This Financial Stock Is A Buy, Core Scientific Is A &#8216;Very Overvalued Situation&#8217;</a></li>
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Intraday Update

Markets

Trading Ideas

AMBI

ASTS

BABA

CINT

CLBT

PSNY

RKLB

SIGA

TMCI

H&R Block Posts Upbeat Earnings, Joins Alibaba Group, CI&T And Other Big Stocks Moving Higher On Friday

Offerings

Jumia Files Prospectus For Sale Of 20.23M ADSs Through ATM Offering; Pernod Ricard Purchases 1.27M ADSs As Part Of The Offering, Continuing Its Role As Shareholder And Strategic Partner Since 2019

Benchmark analyst Fawne Jiang maintains Jumia Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) with a Buy and lowers the price target from $14 to $11.

Price Target

Analyst Ratings

Benchmark Maintains Buy on Jumia Technologies, Lowers Price Target to $11

U.S. stocks traded higher toward the end of trading, with the S&amp;P 500 gaining more than 2% on Tuesday.
The Dow traded up 1.92% to 39,444.86 while the NASDAQ rose 2.53% to 16,610.32. The S&amp;P 500 also rose, gaining, 2.39% to 5,310.18.
Leading and Lagging Sectors Real estate shares climbed by 2.7% on Tuesday.
In trading on Tuesday, energy shares rose by just 1.1%.
Top Headline Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) reported better-than-expected second-quarter financial results on Tuesday.
Total sales and revenue for the quarter declined 4% year-over-year to $16.69 billion, beating the consensus of $16.68 billion. CAT's adjusted earnings were $5.99 per share, compared to $5.55 a year ago and above the consensus of $5.54.
CAT anticipates 2024 sales and revenues to be slightly lower than 2023 (prior view: sales and revenues to be broadly similar), with the year-over-year decline in the second half being roughly similar to the first half.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>TG Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>) shares shot up 23% to $21.18 after the company reported better-than-expected quarterly financial results and raised its FY24 Briumvi U.S. net product revenue. The company entered into a term loan facility with Blue Owl Capital.</li>
<li>Shares of Clear Secure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOU#NYSE">YOU</a>) got a boost, surging 25% to $24.27 after the company reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates.</li>
<li>Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) shares were also up, gaining 87% to $4.8450 after the company announced it secured $5 billion in new business from companies seeking to secure their fiber capacity.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Elevation Oncology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELEV#NASDAQ">ELEV</a>) shares dropped 60% to $0.8572 following second-quarter results.</li>
<li>Shares of Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) were down 52% to $5.09 after the company reported worse-than-expected quarterly sales results.</li>
<li>ThredUp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDUP#NASDAQ">TDUP</a>) was down, falling 56% to $0.7695 following second-quarter results.</li>
</ul>
Commodities In commodity news, oil traded up 1% to $73.63 while gold traded down 0.6% at $2,430.90.
Silver traded up 0.1% to $27.23 on Tuesday, while copper rose 0.8% to $4.03.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 rose 0.29%, Germany's DAX rose 0.09% and France's CAC 40 fell 0.27%. Spain's IBEX 35 Index fell 0.32%, while London's FTSE 100 rose 0.23%.
Retail sales in the Eurozone declined 0.3% month-over-month in June following a 0.1% gain in May. The HCOB Eurozone construction PMI declined to 41.4 in July, recording the lowest reading in six months.
The S&amp;P Global UK construction PMI rose to 55.3 in July from 52.2 in June, while France construction PMI declined to 39.7 in July from 41 in June. The HCOB Germany construction PMI rose to 40 in July versus 39.7 in June. Retail sales in the UK climbed 0.3% year-over-year in July compared to a 0.5% decline in June.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 jumping 10.23%, Hong Kong's Hang Seng Index gaining 0.31%, China's Shanghai Composite Index rising 0.23% and S&amp;P BSE Sensex declining 0.21%.
Household spending in Japan declined by 1.4% year-over&#8211;year in June following a 1.8% decline in the previous month.
Economics
<ul>
<li>The Logistics Manager's Index rose to 56.5 in July, recording the strongest reading in four months, and up from 55.3 in June.</li>
<li>The trade deficit in the U.S. shrank to $73.1 billion in June versus the revised gap of $75 billion in the previous month. However, analysts were expecting a gap pf $72.5 billion. Exports increased by 1.5% to $265.9 billion in June.</li>
</ul>
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<li><a href="https://www.benzinga.com/news/24/08/40188563/this-crowdstrike-analyst-turns-bullish-here-are-top-5-upgrades-for-tuesday">This CrowdStrike Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday</a></li>
</ul>

Equities

Eurozone

Commodities

ELEV

LUMN

TDUP

TGTX

S&P 500 Surges Over 2%; Caterpillar Earnings Beat Estimates

Jumia Technologies AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) shares are dropping Tuesday after the company posted worse-than-expected sales results <a href="https://www.benzinga.com/pressreleases/24/08/ac40187224/jumia-reports-second-quarter-2024-results">for the second quarter.</a>
The Details: Jumia reported revenue of $36.5 million which missed the analyst consensus estimate by 19.09% and represents a decrease of 17% year-over-year.&nbsp;
Marketplace revenue was $20 million, down 10% year-over-year, and first-party sales revenue was $16.1 million, down 24% year-over-year. The company reported GMV of $170.1 million, down 5% year-over-year, with 13% gross profit as a percentage of GMV.&nbsp;
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"Jumia delivered another quarter of acceleration in its usage trends along with improved cash efficiency. Continued execution against our strategic priorities drove a 7% year-over-year increase in Orders, while Orders per Customer, excluding JumiaPay app Orders, which do not incur logistics costs, climbed to 2.1 Orders in the second quarter of 2024," said Francis Dufay, CEO of Jumia Technologies.&nbsp;
"GMV improved 35% year-over-year in constant currency and we delivered GMV growth in reported currency in six of our countries in the second quarter, up from five in the first quarter of 2024, a sign that the Jumia value proposition continues to resonate with the African consumer."
Outlook: The company reiterated its outlook for 2024 and&nbsp;aims to further reduce its cash utilization as compared to fiscal year 2023. Jumia said it projects an increase in both orders and GMV in 2024, excluding the potential impact of foreign exchange.
<h2 class="wp-block-heading">Will JMIA Stock Go Up?</h2>
When trying to assess whether or not Jumia Technologies will trade higher from current levels, it's a good idea to take a look at analyst forecasts. 
Wall Street analysts have an average 12-month price target of $14 on Jumia Technologies. The Street high target is currently at $14 and the Street low target is $14. Of all the analysts covering Jumia Technologies, one has positive ratings, no one has neutral ratings and no one has negative ratings.
In the last month, one analyst has adjusted price targets. Here's a look at recent price target changes <a href="https://www.benzinga.com/quote/JMIA/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Jumia Technologies have performed in recent history. 
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Jumia Technologies is 71.13% up year-to-date. The average analyst price target suggests the stock could have further upside ahead.
For a broad overview of everything you need to know about Jumia Technologies, visit <a href="https://www.benzinga.com/quote/JMIA">here</a>. If you want to go above and beyond, there's no better tool to help you do just that than <a href="https://pro.benzinga.com/">Benzinga Pro</a>. Start your free trial today.
JMIA Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Jumia Technologies shares are down 49.8% at $5.32 at the time of publication Tuesday.
Read Also:
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</ul>
Image: Courtesy of Jumia Technologies

Why Jumia Technologies Stock Is Tanking

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 250 points on Tuesday.
The Dow traded up 1.11% to 39,133.65 while the NASDAQ rose 1.71% to 16,477.42. The S&amp;P 500 also rose, gaining, 1.66% to 5,272.52.
Leading and Lagging Sectors Real estate shares climbed by 2.2% on Tuesday.
In trading on Tuesday, energy shares rose by 0.7%.
Top Headline
 Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) reported better-than-expected quarterly earnings on Tuesday.
The company reported second-quarter adjusted earnings per share of $1.35, beating the street view of $1.33. Total revenues rose 4% to $1.763 billion, missing the consensus of $1.805 billion. GAAP operating profit rose by 6%, while core operating profit grew 10%.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>TG Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>) shares shot up 23% to $21.10 after the company reported better-than-expected quarterly financial results and raised its FY24 Briumvi U.S. net product revenue. The company entered into a term loan facility with Blue Owl Capital.</li>
<li>Shares of Clear Secure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOU#NYSE">YOU</a>) got a boost, surging 26% to $24.60 after the company reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates.</li>
<li>Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) shares were also up, gaining 74% to $4.4999 after the company announced it secured $5 billion in new business from companies seeking to secure their fiber capacity.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Elevation Oncology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELEV#NASDAQ">ELEV</a>) shares dropped 58% to $0.8975 following second-quarter results.</li>
<li>Shares of Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) were down 48% to $5.47 after the company reported worse-than-expected quarterly sales results.</li>
<li>ThredUp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDUP#NASDAQ">TDUP</a>) was down, falling 49% to $0.8861 following second-quarter results.</li>
</ul>
Commodities In commodity news, oil traded up 0.6% to $73.41 while gold traded down 0.8% at $2,424.70.
Silver traded down 0.4% to $27.11 on Tuesday, while copper rose 0.9% to $4.0345.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 rose 0.18%, Germany's DAX fell 0.1% and France's CAC 40 fell 0.44%. Spain's IBEX 35 Index fell 0.45%, while London's FTSE 100 rose 0.14%.
Retail sales in the Eurozone declined 0.3% month-over-month in June following a 0.1% gain in May. The HCOB Eurozone construction PMI declined to 41.4 in July, recording the lowest reading in six months.
The S&amp;P Global UK construction PMI rose to 55.3 in July from 52.2 in June, while France construction PMI declined to 39.7 in July from 41 in June. The HCOB Germany construction PMI rose to 40 in July versus 39.7 in June. Retail sales in the UK climbed 0.3% year-over-year in July compared to a 0.5% decline in June.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 jumping 10.23%, Hong Kong's Hang Seng Index gaining 0.31%, China's Shanghai Composite Index rising 0.23% and S&amp;P BSE Sensex declining 0.21%.
Household spending in Japan declined by 1.4% year-over&#8211;year in June following a 1.8% decline in the previous month.
Economics
<ul>
<li>The Logistics Manager's Index rose to 56.5 in July, recording the strongest reading in four months, and up from 55.3 in June.</li>
<li>The trade deficit in the U.S. shrank to $73.1 billion in June versus the revised gap of $75 billion in the previous month. However, analysts were expecting a gap pf $72.5 billion. Exports increased by 1.5% to $265.9 billion in June.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/08/40188563/this-crowdstrike-analyst-turns-bullish-here-are-top-5-upgrades-for-tuesday">This CrowdStrike Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday</a>

Crude Oil Moves Higher; Yum! Brands Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.88% to 39,042.26 while the NASDAQ rose 0.76% to 16,323.66. The S&amp;P 500 also rose, gaining, 1.06% to 5,241.40.
Leading and Lagging Sectors Industrials shares climbed by 1.7% on Tuesday.
In trading on Tuesday, communication services shares rose by 0.6%.
Top Headline The trade deficit in the U.S. shrank to $73.1 billion in June versus the revised gap of $75 billion in the previous month. However, analysts were expecting a gap pf $72.5 billion. Exports increased by 1.5% to $265.9 billion in June.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>VBI Vaccines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBIV#NASDAQ">VBIV</a>) shares shot up 178% to $0.1752.</li>
<li>Shares of Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) got a boost, surging 71% to $11.35&nbsp;.</li>
<li>Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) shares were also up, gaining 57% to $4.07 after the company announced it secured $5 billion in new business from companies seeking to secure their fiber capacity.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Elevation Oncology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELEV#NASDAQ">ELEV</a>) shares dropped 60% to $0.8579 following second-quarter results.</li>
<li>Shares of Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) were down 46% to $5.69 after the company reported worse-than-expected quarterly sales results.</li>
<li>ThredUp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDUP#NASDAQ">TDUP</a>) was down, falling 34% to $1.15 following second-quarter results.</li>
</ul>
Commodities In commodity news, oil traded up 0.8% to $73.53 while gold traded down 0.1% at $2,441.80.
Silver traded up 0.2% to $27.25 on Tuesday, while copper rose 0.5% to $4.0235.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 rose 0.2%, Germany's DAX rose 0.1% and France's CAC 40 fell 0.4%. Spain's IBEX 35 Index fell 0.6%, while London's FTSE 100 rose 0.1%.
Retail sales in the Eurozone declined 0.3% month-over-month in June following a 0.1% gain in May. The HCOB Eurozone construction PMI declined to 41.4 in July, recording the lowest reading in six months.
The S&amp;P Global UK construction PMI rose to 55.3 in July from 52.2 in June, while France construction PMI declined to 39.7 in July from 41 in June. The HCOB Germany construction PMI rose to 40 in July versus 39.7 in June. Retail sales in the UK climbed 0.3% year-over-year in July compared to a 0.5% decline in June.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 jumping 10.23%, Hong Kong's Hang Seng Index gaining 0.31%, China's Shanghai Composite Index rising 0.23% and S&amp;P BSE Sensex declining 0.21%.
Household spending in Japan declined by 1.4% year-over&#8211;year in June following a 1.8% decline in the previous month.
Economics
<ul>
<li>The Logistics Manager's Index rose to 56.5 in July, recording the strongest reading in four months, and up from 55.3 in June.</li>
<li>The trade deficit in the U.S. shrank to $73.1 billion in June versus the revised gap of $75 billion in the previous month. However, analysts were expecting a gap pf $72.5 billion. Exports increased by 1.5% to $265.9 billion in June.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/08/40188563/this-crowdstrike-analyst-turns-bullish-here-are-top-5-upgrades-for-tuesday">This CrowdStrike Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday </a>

VBIV

Dow Jumps Over 300 Points; US Trade Gap Narrows In June

Jumia Technologies shares are trading lower after the company reported worse-than-expected Q2 sales results.

Jumia Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) reported quarterly sales of $36.474 million which missed the analyst consensus estimate of $45.079 million by 19.09 percent. This is a 17.16 percent decrease over sales of $44.032 million the same period last year.

Jumia Technologies Q2 Sales $36.474M Miss $45.079M Estimate

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/02/24</td>
<td>$220.00</td>
<td>$78.1K</td>
<td>17.5K</td>
<td>62.0K</td>
</tr>
<tr>
<td>JMIA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$17.00</td>
<td>$66.2K</td>
<td>285</td>
<td>8.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$197.50</td>
<td>$34.4K</td>
<td>12.7K</td>
<td>3.3K</td>
</tr>
<tr>
<td>CROX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$150.00</td>
<td>$42.7K</td>
<td>1.4K</td>
<td>2.1K</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$11.00</td>
<td>$34.9K</td>
<td>4.0K</td>
<td>1.3K</td>
</tr>
<tr>
<td>TJX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$120.00</td>
<td>$26.7K</td>
<td>1.7K</td>
<td>922</td>
</tr>
<tr>
<td>SIG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/06/24</td>
<td>$90.00</td>
<td>$32.8K</td>
<td>0</td>
<td>717</td>
</tr>
<tr>
<td>MCD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$275.00</td>
<td>$57.0K</td>
<td>22</td>
<td>211</td>
</tr>
<tr>
<td>BROS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$40.00</td>
<td>$31.4K</td>
<td>1.0K</td>
<td>200</td>
</tr>
<tr>
<td>DUOL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$240.00</td>
<td>$80.6K</td>
<td>389</td>
<td>176</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be neutral, expiring in 3 day(s) on August 2, 2024. This event was a transfer of 220 contract(s) at a $220.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $78.1K, with a price of $355.0 per contract. There were 17554 open contracts at this strike prior to today, and today 62029 contract(s) were bought and sold. 
• Regarding JMIA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on August 9, 2024. Parties traded 739 contract(s) at a $17.00 strike. This particular call needed to be split into 66 different trades to become filled. The total cost received by the writing party (or parties) was $66.2K, with a price of $90.0 per contract. There were 285 open contracts at this strike prior to today, and today 8040 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on August 2, 2024. This event was a transfer of 292 contract(s) at a $197.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $118.0 per contract. There were 12720 open contracts at this strike prior to today, and today 3385 contract(s) were bought and sold. 
• Regarding CROX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on August 2, 2024. Parties traded 342 contract(s) at a $150.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $42.7K, with a price of $125.0 per contract. There were 1493 open contracts at this strike prior to today, and today 2125 contract(s) were bought and sold. 
• For F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on August 9, 2024. This event was a transfer of 872 contract(s) at a $11.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K, with a price of $40.0 per contract. There were 4024 open contracts at this strike prior to today, and today 1340 contract(s) were bought and sold. 
• Regarding TJX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>), we observe a call option sweep with bearish sentiment. It expires in 52 day(s) on September 20, 2024. Parties traded 214 contract(s) at a $120.00 strike. This particular call needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $125.0 per contract. There were 1761 open contracts at this strike prior to today, and today 922 contract(s) were bought and sold. 
• Regarding SIG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>), we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on September 6, 2024. Parties traded 117 contract(s) at a $90.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $280.0 per contract. There were 0 open contracts at this strike prior to today, and today 717 contract(s) were bought and sold. 
• For MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we notice a call option sweep that happens to be bearish, expiring in 38 day(s) on September 6, 2024. This event was a transfer of 200 contract(s) at a $275.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $57.0K, with a price of $285.0 per contract. There were 22 open contracts at this strike prior to today, and today 211 contract(s) were bought and sold. 
• Regarding BROS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on August 16, 2024. Parties traded 180 contract(s) at a $40.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $175.0 per contract. There were 1029 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• Regarding DUOL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>), we observe a call option sweep with bullish sentiment. It expires in 108 day(s) on November 15, 2024. Parties traded 130 contract(s) at a $240.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $80.6K, with a price of $620.0 per contract. There were 389 open contracts at this strike prior to today, and today 176 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

CROX

DUOL

TSLA

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Events

Press Releases

Jumia to Attend Northland Virtual Growth Conference

Jumia to Announce Second Quarter 2024 Results on August 6, 2024

Jumia Reports Second Quarter 2024 Results

Jumia Announces Completion of At-the-Market Offering

Jumia Announces New Integrated Warehouses in Egypt and Ivory Coast

Jumia To Cease Operations in Non-Strategic Markets

Jumia to Announce Third Quarter 2024 Results on November 7, 2024

Contracts

Hepsiburada and Jumia Join Forces to Unlock Broader Product Selection for North African Consumers

Jumia Reports Third Quarter 2024 Results

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