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Why MercadoLibre Stock Popped Today

TheMotleyFool

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Why MercadoLibre Stock Popped Today: https://g.foolcdn.com/editorial/images/742599/e-commerce-shopping-getting-a-package.jpg

Shares of MercadoLibre (NASDAQ: MELI) were moving higher today after the Latin American e-commerce star posted strong results in its second-quarter earnings report.

As of 12:10 p.m. ET, the stock was up 11.9% on the news.

MercadoLibre continued to deliver rapid growth, bucking the broader trend in the e-commerce sector.

Source Fool.com

Mercadolibre Inc Stock

Mercadolibre Inc gained 1.140% today.
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 1848 € there is a slightly positive potential of 1.81% for Mercadolibre Inc compared to the current price of 1815.2 €.

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