MELI Jun 2024 870.000 put
| Previous Close | 1.7800 |
| Open | 1.8000 |
| Bid | 0.8500 |
| Ask | 3.9000 |
| Strike | 870.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 1.7800 - 1.8000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 14 |
StockStoryMercadoLibre (MELI) Stock Trades Up, Here Is Why
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 11.3% in the morning session after the company reported first quarter results, which blew past analysts' revenue and EPS estimates, driven by better-than-expected GMV on its e-commerce platform. The company stated it's seeing record levels of retention for its newest customer cohorts and strong traction for MELI+ as loyalty members are spending more than non-loyalty members. MercadoLibre's ad business is al
BloombergMercadoLibre Weathers Argentina Tumult With Mexico, Brazil Gains
(Bloomberg) -- Latin American e-commerce and fintech giant MercadoLibre Inc. jumped the most since August after posting strong first quarter earnings that saw profit surge in Brazil and Mexico, helping offset the hit from Argentina’s currency devaluation. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventTrump Auditions VP Picks Before Wealt
Investor's Business DailyMercadoLibre Stock Surges On Sales, Earnings Beat
MercadoLibre stock opened trading Friday up by more than 10% following a strong first quarter earnings report. The Latin American e-commerce firm beat expectation for both earnings and sales, with strong growth in Mexico and Brazil. In results published late Thursday, MercadoLibre said that it earned an adjusted $6.78 per share on sales of $4.3 billion for the March-ending quarter.
