The Motley Fool··Rich SmithMercadoLibre Stock Plunges 11% Despite Revenue Beat and Strong Cash Flow
MercadoLibre shares fell 11% after Q1 earnings beat revenue expectations but missed profit forecasts, as the company invests heavily in growth. Free cash flow doubled to $1.8B, trading at attractive 7.1x FCF multiple.
MELIstock declineearnings miss