MELI Crushed But This Wall Street Expert Sees 58% Gain This Year
Briefly

MercadoLibre's impressive revenue growth, from $3.76 billion to $5.28 billion year-over-year, spotlighted its potential in the Latin American market despite missing earnings expectations.
Even with a notable 30% surge in stock price over the year, MercadoLibre's recent 16% drop reflects investor anxieties over its earnings miss and ongoing capital expenditures.
Read at 24/7 Wall St.
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