RTTNews | Oct 14, 2020 10:08AM EDT

10:08 Wednesday, October 14, 2020 (RTTNews.com) - Shares of Jumia Technologies AG (JMIA), operator of an e-commerce platform in Africa, are rising almost 10 percent or $1.23 in Wednesday's morning trade at $13.59 despite no company-specific news that could influence the stock.

U.S. stocks are rising on Wednesday as investors digested better than expected third-quarter earnings results from investment bank Goldman Sachs and health insurer UnitedHealth.

Jumia Technologies has traded in a range of $2.15 to $23.90 in the past 52 weeks.

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