The Latest Breaking News from MELI

In this article I will analyze and compare Jumia Technologies and MercadoLibre to determine which e-commerce stock is currently a better investment.

Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ:MELI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ:MELI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

MercadoLibre (NASDAQ:MELI) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings MercadoLibre missed estimated earnings by 3.7%, reporting an EPS of $1.3 versus an estimate of $1.35.

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 15.78% on an annualized basis producing an average annual return of 27.63%. Currently, MercadoLibre has a market capitalization of $50.84 billion.

A whale with a lot of money to spend has taken a noticeably bullish stance on MercadoLibre. Looking at options history for MercadoLibre (NASDAQ:MELI) we detected 23 strange trades.

Mercadolibre Inc's (NASDAQ:MELI) short percent of float has fallen 30.36% since its last report. The company recently reported that it has 1.34 million shares sold short, which is 2.89% of all regular shares that are available for trading.

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 16.55% on an annualized basis producing an average annual return of 29.28%. Currently, MercadoLibre has a market capitalization of $61.37 billion.

As the stock market suffers significant volatility due to the Fed’s impending interest rate increases, supply disruptions, and rising oil prices caused by sanctions placed on Russia, we think it could be wise to bet on growth-focused companies that are well-positioned to capitalize on the economy’s steady recovery this year.…

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 13.37% on an annualized basis.

Vodafone Group PLC (NASDAQ:VOD) is investigating Lapsus$' claims of a data breach, CNBC reports. The group noted for breaching Samsung Electronics Co Ltd's (OTC:SSNLF) source codes of Galaxy-branded devices, threatened to leak Vodafone's source code. In February, the group also accepted responsibility for NVIDIA Corp's (NASDAQ:NVDA) data breach. On March 7, the group initiated a poll on the Telegram…