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MercadoLibre Slumps Most in Two Years on Profit Shortfall

MercadoLibre Slumps Most in Two Years on Profit Shortfall
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MercadoLibre Slumps Most in Two Years on Profit Shortfall

(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 ....

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