Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag MercadoLibre shares dropped 6.8% to a 52-week low on March 12, 2026, after JPMorgan downgraded it due to Brazil competition, cost pressures, and margin issues.

flag MercadoLibre shares fell 6.8% on March 12, 2026, hitting a 52-week low, after JPMorgan downgraded the stock to Neutral and cut its price target to $2,100, citing intensified competition in Brazil, rising investment costs, and margin pressure. flag The decline followed a broader market sell-off triggered by escalating U.S.-Israel tensions and surging oil prices. flag Despite the drop, the company reported strong revenue growth and key fintech gains, with analysts maintaining a Buy consensus and a $2,748 average target.

11 Articles