|Bid||1,308.00 x 1200|
|Ask||1,311.98 x 1100|
|Day's range||1,283.43 - 1,312.67|
|52-week range||422.22 - 1,378.50|
|Beta (5Y monthly)||1.56|
|PE ratio (TTM)||N/A|
|Earnings date||04 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Dec 2017|
|1y target est||1,216.18|
MercadoLibre (MELI) closed at $1,294.32 in the latest trading session, marking a -0.37% move from the prior day.
Here's a sneak peek into six Internet stocks, which hold the potential to surpass estimates in third-quarter 2020.
Two of the leading e-commerce players in developing countries are Chinese e-commerce leader Alibaba (NYSE: BABA) as well as Latin American e-commerce leader MercadoLibre (NASDAQ: MELI). Both companies were first-movers in e-commerce within their respective regions; Alibaba in China, and MercadoLibre in Latin America. Initially, each company took a capital-light approach to e-commerce, leaving existing carriers to take care of shipping, and merely taking a fee on each purchase while also collecting advertising revenue on their platforms.