Buy MercadoLibre Stock On This Post-Earnings Dip. Here's What the Market's Missing.

By Yahoo! Finance | Nov 11, 2024 at 05:00 PM EST

Investors reacted negatively to MercadoLibre's Q3 results, causing shares to drop 16%. Despite missing earnings estimates, the company showed strong growth, focusing on investing in expansion and capturing the growing e-commerce market in South America, similar to Amazon and eBay's models.

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