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MercadoLibre's strong earnings and revenue boost its market cap to $106.25B, despite mixed signals from major investors.
DnB Asset Management increased its MercadoLibre holdings by 2,744 shares, while Pictet Asset Management sold 6,210 shares, reducing their stake by 4.1%.
MercadoLibre reported strong earnings per share of $12.61, exceeding estimates, and revenue of $6.06 billion, surpassing analyst predictions.
The company has a market cap of $106.25 billion and an average "Buy" rating with a target price of $2,402.81.
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Las fuertes ganancias e ingresos de MercadoLibre aumentan su tope de mercado a $106,25B, a pesar de las señales mixtas de los principales inversionistas.