MercadoLibre (MELI -3.4%) closed lower after Stifel (Sell) argued once again (previous) Amazon...
MercadoLibre (MELI -3.4%) closed lower after Stifel (Sell) argued once again (previous) Amazon (AMZN) is planning to enter the Brazilian e-commerce market. Brazil accounted for nearly half of MercadoLibre's Q2 revenue, with sales growing at a 36% Y/Y clip. Also, Deutsche launched coverage with a Hold, declaring shares "fairly valued" at current levels.
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at Nasdaq.com (Mar 26, 2015)
at Investor's Business Daily (Feb 19, 2015)
at Benzinga.com (Jan 9, 2015)
at Benzinga.com (Jan 5, 2015)
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