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MercadoLibre Tumbles as E-Commerce Giant Hints at More Spending

1 source ·1 article ·Aug 5, 20:05 UTC Mercadolibre

MercadoLibre Inc. shares plummeted in late trading as analysts worried about the e-commerce giant’s spending plans despite it reporting sales and profits that beat consensus estimates in the second quarter.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·Aug 5, 20:05 UTC

MercadoLibre Tumbles as E-Commerce Giant Hints at More Spending

MercadoLibre Inc. shares plummeted in late trading as analysts worried about the e-commerce giant’s spending plans despite it reporting sales and profits that beat consensus estimates in the second quarter.