MercadoLibre (MELI) Stock Slides as Market Rises: Facts to Know Before You Trade

MercadoLibre (MELI) ended the recent trading session at $1,799.42, demonstrating a -1.89% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.55%. At the same time, the Dow lost 0.06%, and the tech-heavy Nasdaq gained 1.24%.The investment community will be paying close attention to the earnings performance of MercadoLibre in its upcoming release. On that day, MercadoLibre is projected to report earnings of $7.89 per share, which would represent year ...