Mercadolibre (MELI) Shakes Off Negative Earnings Reaction
August 05, 2010 at 12:48 PM EDT
The nearly completely random reactions to earning reports continues… Last night MercadoLibre (MELI) posted decent numbers, beating analysts estimates on EPS by 2 cents and on revenue by a whisker. I thought the stock would get hammered as I’ve had other companies do much better and lose 8-15% instantly this earnings period. Instead it was only [...]
