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MELI Jun 2023 760.000 put
| Previous close | 11.60 |
| Open | 11.60 |
| Bid | 11.90 |
| Ask | 16.40 |
| Strike | 760.00 |
| Expiry date | 2023-06-16 |
| Day's range | 11.60 - 11.60 |
| Contract range | N/A |
| Volume | |
| Open interest | 199 |
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Recently, Zacks.com users have been paying close attention to MercadoLibre (MELI). This makes it worthwhile to examine what the stock has in store.
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Got $1,000? 1 Growth Stock to Buy in 2023 and Hold Forever
High levels of inflation, rising interest rates, and concerns about weakening economic conditions this past year combined to create a challenging market backdrop for growth stocks. Spurred by 31.5% year-over-year growth for its e-commerce platform and a more-than-76% jump in transaction volumes for its payment-processing business, MercadoLibre's revenue rose 60.6% in the third quarter to reach $2.7 billion.
