MercadoLibre Down 23% After Missed Earnings: Time to Buy the Dip?
MercadoLibre(MELI) MarketBeat·2024-11-17 13:01
MercadoLibre NASDAQ: MELI, a leading e-commerce and fintech platform in Latin America, just saw its stock plummet 23% following the release of its Q3 2024 earnings report, leading to concerns about the company's future. While the news might seem discouraging at first glance, some investors, including the renowned Cathie Wood of ARK Invest, have taken advantage of the dip, suggesting a potential buying opportunity for those seeking long-term exposure to the burgeoning Latin American market. Get MercadoLibre ...