Why MercadoLibre Stock Jumped on Friday

Neutral 0.0

Shares of MercadoLibre (NASDAQ: MELI) rose as much as 12.5% on Friday morning, boosted by a great earnings report. By 12:15 p.m. ET today, the Argentine e-commerce giant's stock had cooled down slightly to a 9.4% gain.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.