Why MercadoLibre Stock Took a Dive Today
Shares of MercadoLibre (NASDAQ: MELI) were sliding today as a narrowing gross margin and expectations of slowing growth seemed to overshadow a strong quarter. The company's reported profit was also impacted by a one-time tax liability.
As a result, the stock was trading down 12.9% as of 10:31 a.m. ET.
Image source: Getty Images.
Source Fool.com
Mercadolibre Inc Aktie
1.841,8 €
-0,08 %
Starke Bevorzugung von Mercadolibre Inc in der Community mit ausschließlich Buy-Einschätzungen.
Ein leicht positives Potenzial wird für Mercadolibre Inc mit einem Kursziel von 1926 € im Vergleich zu 1841.8 € gesehen.
