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MercadoLibre Plunged After Earnings. Here's Why I'm Not Selling.
Source: fool.com
Corporate EarningsCompany FundamentalsCorporate Guidance & OutlookTransportation & Logistics
MercadoLibre revenue grew 45% to $10.75 billion, while earnings missed expectations. Management attributed the miss to spending on fulfillment capacity, free shipping and marketing, and expects those investments to pay off.
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