Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Why MercadoLibre Stock Crashed on Wednesday [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of MercadoLibre (NASDAQ: MELI) tumbled out of the gate on Wednesday, falling as much as 14%. As of 11:36 a.m. ET, the stock was still down 10.6%. The catalyst that sent the online retail and fintech specialist lower was its quarterly financial report, which investors found wanting. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. A mixed bag For the fourth quarter, MercadoLibre generated revenue of $8.8 billion, up 45% year over year in local currencies. The results were fueled by e-commerce revenue that grew 37% and fintech revenue that surged 61%. The company also generated operating income of $889 million, up 8%, resulting in quarterly net income of $494 million. This resulted in earnings per share (EPS) of $9.74, which tumbled 13%. To put those numbers in context, a Show less Read more
Impact Snapshot
Event Time:
MELI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MELI alerts
Opt-in for
MELI alerts

from News Quantified
Opt-in for
MELI alerts

from News Quantified