Why Jumia Stock Is Plummeting Today

Jumia (JMIA -30.28%) stock is getting crushed in Thursday's trading. The e-commerce company's share price was down 29.5% as of 10:15 a.m. ET amid a 0.8% decline for the S&P 500 (^GSPC -0.82%) and a 0.7% decline for the Nasdaq Composite (^IXIC -0.85%).Before the market opened this morning, Jumia published its fourth-quarter results -- and Wall Street was not happy with the print. In addition to posting Q4 sales that missed the market's expectations, the online retail specialist also issued forward guidance t ...