RTTNews | Nov 29, 2021 10:34AM EST

10:34 Monday, November 29, 2021 (RTTNews.com) - German e-commerce platform, Jumia Technologies AG (JMIA) stock continues to go down as it falls another 7% on the Monday market despite no corporate-related news from the company to affect the stock.

The stock has been volatile since the company was listed back in 2019. Earlier in 2021, the stock made a huge leap during February but since then, the stock has gradually declined almost 80%.

Currently, the stock is trading at $12.49, down $1.15 or 8.43% since the previous close at $13.64. The stock opened at $12.97 in the morning. In the 52-week period, the shares have ranged between $11.96 and $69.89.

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