Why MercadoLibre (MELI) Shares Are Sliding Today
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) fell 7% in the afternoon session after investors locked in some profits amid broader macroeconomic concerns following a significant run since the start of the year. Given the absence of any company-specific update, this move was likely amplified by a general “risk-off” sentiment in the…