MercadoLibre Tumbles After Net Income Miss on Spending Boost
Shares of MercadoLibre Inc. had their biggest intraday drop since 2024 after fourth-quarter net income missed analysts’ estimates as the company continued to invest heavily in its main business lines.
By Maria Clara Cobo, Leda Alvim · Bloomberg Markets
Shares of MercadoLibre Inc. had their biggest intraday drop since 2024 after fourth-quarter net income missed analysts’ estimates as the company continued to invest heavily in its main business lines.