MercadoLibre Slumps Most in Two Years on Profit Shortfall bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) MercadoLibre Inc., the Latin American e-commerce and payments giant, fell the most in nearly two years after posting fourth-quarter earnings that fell short of analyst estimates, putting a pause on a major stock rally over the past year.Most Read from BloombergBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashTrump Advances 2024 Bid Besting Haley in Her Home StateBezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupLitquidity Salary Reports Help Bankers Measure Up