Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Major investors sell shares in MercadoLibre, yet the company reports strong earnings growth.

flag Several major investors have reduced their holdings in MercadoLibre, Inc., including Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A., which sold 112 shares, and USS Investment Management Ltd, which sold 3,279 shares. flag Despite these sales, MercadoLibre reported strong earnings, with a revenue of $5.94 billion, up 37% year-over-year, and EPS of $9.74, beating estimates by $1.92. flag Analysts predict a moderate buy rating with a target price of $2,521.33.

5 Articles