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0 0.000690131124913734 0.000690131124913734 0.00413388543823327 0.00144927536231893 -0.000193236714975827 -0.00241545893719807 -0.000697032436162865
Stock impact report

MercadoLibre's Pullback Materialized As Expected - Your Buying Opportunity Is Here [Seeking Alpha]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
MELI continues to chart a predictable trading pattern since the June 2022 bottom, as the management consistently delivers their profitable growth initiatives. Anyone concerned about the intensified investments in the 1P/ logistics operations may also rest their concerns, since these efforts have been accretive to its overall business. MELI continues to report high growth and adoption for its advertising platform, Mercado Ads, significantly aided by the strategic introduction of Meli Play, the ad-supported media streaming segment. With advertising typically being a high margin business, we believe that the management may continue delivering double digit growth over the next few years. We previously covered MercadoLibre, Inc NASDAQ: MELI ) in December 2023, discussing its bright prospects over the next few years, thanks to its well-diversified vertically-integrated offerings across online retail, logistics, fintech, and advertising. Combined with the management's brilliant le Show less Read more
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