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Why Mercadolibre Stock Crashed Today

TheMotleyFool

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Mercadolibre (NASDAQ: MELI) stock tumbled 11% through 11:10 a.m. ET Friday after reporting mixed earnings for Q1 2026 last night.

Analysts had forecast the Latin American e-commerce giant would earn $9.37 per share on $8.3 billion in sales. Mercadolibre beat the sales forecast with $8.8 billion in revenue, but whiffed on earnings -- just $8.23 per share.

Image source: Getty Images.

Source Fool.com

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