Why Is MercadoLibre Stock Falling Thursday?

MercadoLibre, Inc. (NASDAQ:MELI) shares fell Thursday after JPMorgan downgraded the Latin American e-commerce giant, warning that intensifying competition in Brazil and heavier investment spending could keep profit margins under pressure.MercadoLibre Plans $3.4B Argentina InvestmentSeparately, MercadoLibre expects to invest $3.4 billion in Argentina in 2026, a roughly 30% increase from the $2.6 billion planned for 2025, CEO Ariel Szarfsztejn said, Reuters reported.The investment will support logistics expan ...