Why Jumia Technologies Stock Flopped on Friday @themotleyfool #stocks $JMIA

Why Jumia Technologies Stock Flopped on Friday @themotleyfool #stocks $JMIA

Key PointsAn analyst enacted a rare double downgrade on the stock.He now feels it rates only a sell.10 stocks we like better than Jumia Technologies Ag › The stock of African e-commerce company Jumia Technologies (NYSE: JMIA) ended the week on a down note Friday. The company's shares lost more than 9% of their value following a rather aggressive downgrade from an analyst. That occurred on a trading day when the S&P 500 index rose by 0.5%. Double…