MELI News and Press, MercadoLibre Inc. From 07/23/23

2023-07-23 06:38:00 ET Investors tend to get excited when a company splits its stock. That may seem irrational since stock splits have no direct impact on fundamentals like revenue or valuation, but there is a thread of logic in that reaction. Stock splits are only necessary after significa...

2023-07-22 08:00:00 ET Last year's downturn hit growth stocks especially hard, but many growth-oriented corporations performed impressively regardless. Two companies that belong to this group are Novo Nordisk (NYSE: NVO) and MercadoLibre (NASDAQ: MELI) . These stocks' perfor...

2023-07-22 03:35:00 ET Summary Allocation and stock selection in Brazil and Georgia lead to fund outperformance in Q2 2023. The VanEck Emerging Markets Fund slightly outperformed the MSCI EM IMI Index on the QTD basis ending June 30, 2023 (+2.24% for Fund vs +1.62% for Index). ...

2023-07-20 22:37:00 ET Summary Polen Capital is a global independently-owned growth equity boutique, led by an experienced team of investment professionals who are committed to preserving and growing the assets of our clients through a prudent and disciplined long-term investment appr...

2023-07-19 09:15:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy performed...

2023-07-15 16:00:00 ET Summary It appears that MELI's valuations and stock prices have been over-moderated, thanks to BofA's downgrade and Latin America's geopolitical discount. However, while its top-line expansion may be maturing, the company is still expected to generate an imp...

2023-07-12 11:07:54 ET Shares of MercadoLibre (NASDAQ: MELI) climbed 40% in the first half of 2023, according to data provided by S&P Global Market Intelligence . This performance was slightly better than the 32% rise in the Nasdaq Composite index over the same perio...

2023-07-12 09:53:13 ET Fool.com contributor Parkev Tatevosian compares Nu Holdings (NYSE: NU) with MercadoLibre (NASDAQ: MELI) to answer which is the better growth stock to buy for long-term investors. *Stock prices used were the afternoon prices of July 9, 2023. The v...

MercadoLibre, Inc. (NASDAQ: MELI) is one of today's top gainers. The company's shares are currently up 3.89% on the day to $1,129. MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables b...

2023-07-11 11:30:57 ET Summary MercadoLibre investors were hammered following a downgrade by Bank of America due to a new cross-border tax rule in Brazil, which could impact the company's competitive edge. I had already downgraded MELI in early May, seeing that its valuation and p...