MercadoLibre: Fade The Rally Before Jumping Back In

lerbank MELI's High Growth Investment Thesis Is In Overdrive We previously covered MercadoLibre, Inc. (NASDAQ:MELI) in July 2024, discussing why we had reiterated our Buy rating then, attributed to its double beat FQ1'24 earnings call, growing market share in Latam, and robust performance metrics. We had also highlighted a few metrics that readers should look out for in the FQ2'24 earnings call on August 02, 2024, with it underscoring the health of its businesses along with near-term prospects. MELI YTD ...