Jumia Technologies AG is trading 5.1% up at $7.22 after Aletheia Capital upgraded the stock from Sell to Buy in pre-market trading.

  • Aletheia Capital set a new price target of $7.50, providing a fresh catalyst for investor optimism following a period of share volatility.
  • The upgrade coincides with broader positive sentiment in U.S. equity futures, which is providing additional support for growth-oriented names.