MercadoLibre Down 11.6% Since Q3 Results: What Should Investors Do?
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MercadoLibre's stock has dropped 11.6% following its Q3 results, despite showing solid growth. The decline is attributed to heavy investments that are pressuring the company's margins.
November 11, 2024 | 5:45 pm
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MercadoLibre's stock has decreased by 11.6% after the release of its Q3 results. The company showed solid growth, but heavy investments are putting pressure on its margins, leading to the stock's decline.
The 11.6% drop in MercadoLibre's stock price is directly linked to the Q3 results, which, despite showing growth, highlighted the impact of heavy investments on margins. This has led to investor concerns about profitability, causing the stock to decline.
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