Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
MercadoLibre(MELI) MarketBeat·2024-11-07 14:56
MercadoLibre TodayMELIMercadoLibre$1,820.49 -296.81 (-14.02%) 52-Week Range$1,324.99▼$2,161.73P/E Ratio65.79Price Target$2,301.67Add to WatchlistMercado Libre NASDAQ: MELI share prices imploded after the Q3 results because of the large miss with the bottom line result, opening up a significant opportunity for investors. The miss is primarily due to business investment, including the fintech and merchant segments, which is ultimately good news for investors. Investments include six new fulfillment centers ...