| 2024-04-16 | -1.27 % |
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| 2024-04-15 | -1.96 % |
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| 2024-04-12 | -4.21 % |
- Summary: Globant SA's CEO, Martin Migoya, opts to remain fully remote for the company's nearly 30,000 employees, contrasting with other tech giants like Apple, Google, Microsoft, Meta, and even MercadoLibre Inc., leading to potential impact on MercadoLibre (MELI) stock down 4.21%.
Reason for MELI stock decline: The stock might have gone down due to concerns about other tech companies, including Globant SA's decision to remain fully remote, contrasting with a return-to-office policy adopted by other companies in the tech industry.
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| 2024-04-10 | -1.14 % |
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| 2024-04-04 | -1.14 % |
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| 2024-03-28 | -0.7 % |
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| 2024-03-25 | -1.39 % |
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| 2024-03-21 | +1.76 % |
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| 2024-03-18 | +0.64 % |
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| 2024-03-07 | +0.29 % |
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| 2024-03-01 | +1.09 % |
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| 2024-02-28 | -1.74 % |
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| 2024-02-27 | -0.17 % |
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| 2024-02-26 | -1.18 % |
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| 2024-02-23 | -10.38 % |
- The article covers the performance of various U.S. stocks, including the notable decline of MercadoLibre (MELI) by 12.5% due to one-time charges impacting the Latin American e-commerce platform's results.
- The article discusses how MercadoLibre Inc., a Latin American e-commerce and payments company, experienced a significant drop in stock price following disappointing fourth-quarter earnings, halting a recent stock rally, with reasons for the decrease not specifically mentioned in the summary provided.
- Summary: MercadoLibre (MELI) stock dropped 13.4% after reporting fourth-quarter results that missed analysts' operating margin estimates due to non-recurring expenses related to tax liabilities, lower logistics segment margins, and growth in its 1P commerce business with lower margins. Despite strong user growth and exceeding revenue estimates, the stock experienced a significant market perception impact.
Reason for stock decline: The stock went down mostly as a reaction to lower profitability resulting from non-recurring expenses related to tax liabilities, lower logistics margins due to free shipping offered through a loyalty program, and growth in the lower-margin 1P commerce business segment.
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| 2024-02-22 | +4.62 % |
- The article is a recap of various corporate earnings reports and financial news, stating that MercadoLibre (MELI) stock was up by 4.62% last night. The stock likely went up due to positive earnings reports, market sentiment, or other financial factors impacting the company positively.
- The article discusses MercadoLibre's (MELI) Q4 FY2023 results, where the company exceeded analysts' expectations with a 41.9% revenue increase year-on-year. The stock price went up due to strong user growth, new credit card offerings, enhanced logistics, and advertising revenue growth, despite falling short on operating margin and EPS estimates which was attributed to specific reasons that do not impact the company's overall fundamentals.
- The article reports that MercadoLibre (MELI) stock was up 4.62% last night after the company announced a $165 million net profit in the fourth quarter despite higher sales being offset by tax hits, with the increase attributed to strong quarterly net revenues, including a 42% year-on-year jump to $4.26 billion, particularly driven by sales in Brazil, and analysts predicting net revenues of $4.12 billion, while the company's fintech arm, Mercado Pago, saw net revenues grow 34%. The stock went up due to the company's positive financial results and growth prospects.
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| 2024-02-20 | -1.63 % |
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| 2024-02-14 | +2.35 % |
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| 2024-02-07 | +0.2 % |
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| 2024-02-06 | -3.63 % |
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| 2024-02-05 | +0.1 % |
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| 2024-02-02 | +1.41 % |
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| 2024-01-31 | -1.35 % |
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| 2024-01-29 | -1.02 % |
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| 2024-01-24 | +0.16 % |
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| 2024-01-23 | +0.21 % |
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| 2024-01-22 | +1.74 % |
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| 2024-01-12 | +4.2 % |
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| 2024-01-10 | +1.58 % |
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| 2024-01-09 | -0.14 % |
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| 2023-12-29 | -0.64 % |
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| 2023-12-28 | -0.58 % |
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| 2023-12-21 | +0.06 % |
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| 2023-12-14 | -0.54 % |
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| 2023-12-13 | -0.29 % |
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| 2023-11-29 | +1.35 % |
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| 2023-11-28 | -0.63 % |
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| 2023-11-27 | +4.15 % |
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| 2023-11-20 | +2.35 % |
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| 2023-11-17 | -1.47 % |
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| 2023-11-15 | +0.84 % |
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| 2023-11-14 | +3.79 % |
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| 2023-11-13 | +0.28 % |
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| 2023-11-09 | -1.9 % |
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| 2023-11-02 | +1.5 % |
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| 2023-11-01 | +4.78 % |
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| 2023-10-25 | -2.54 % |
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| 2023-10-20 | -0.87 % |
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