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MercadoLibre (MELI) stock, which has been on a downtrend, jumped Friday after Latin America’s No. 1 e-commerce company late Thursday posted Q4 earnings that shattered Wall Street views. At least one analyst says foreign currency remains an issue for Argentina-based MercadoLibre. But MercadoLibre stock was up more than 13% in afternoon trading in the stock market today, near 107. Before Friday, MercadoLibre stock had been down 36% since late Scalper1 News
Scalper1 News