Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries MercadoLibre Trading at Low Levels Despite Strong Growth By: ETF Trends August 05, 2022 at 14:07 PM EDT Despite maintaining its strong growth trajectory in the first quarter with revenues up over 60%, the valuation for MercadoLibre Inc. (NASDAQ: MELI) has compressed aggressively over the last year. The Argentina-based e-commerce giant is trading well below levels before the onset of COVID-19 in 2020. While the long-term fundamentals remain intact, short-term prices are reflecting [...] The post MercadoLibre Trading at Low Levels Despite Strong Growth appeared first on ETF Trends . Read More >> Related Stocks: Emrg Mkts Internet and E-Commerce ETF Fmqq The Next Frontier Internet & Ecommerce ETF Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
MercadoLibre Trading at Low Levels Despite Strong Growth By: ETF Trends August 05, 2022 at 14:07 PM EDT Despite maintaining its strong growth trajectory in the first quarter with revenues up over 60%, the valuation for MercadoLibre Inc. (NASDAQ: MELI) has compressed aggressively over the last year. The Argentina-based e-commerce giant is trading well below levels before the onset of COVID-19 in 2020. While the long-term fundamentals remain intact, short-term prices are reflecting [...] The post MercadoLibre Trading at Low Levels Despite Strong Growth appeared first on ETF Trends . Read More >> Related Stocks: Emrg Mkts Internet and E-Commerce ETF Fmqq The Next Frontier Internet & Ecommerce ETF
