Foxhaven Asset Management LP increased its stake in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,958 shares of the company’s stock after buying an additional 8,521 shares during the period. MercadoLibre accounts for about […]
European stocks closed lower on Friday as the euphoria over an interest rate cut by the European Central Bank subsided a bit, and expectations of an early interest rate cut by the Federal Reserve faded a bit after data showed a much stronger than expected growth in U.