Previous close | 22.50 |
Open | 22.50 |
Bid | 33.20 |
Ask | 37.00 |
Strike | 1,820.00 |
Expiry date | 2024-07-19 |
Day's range | 22.50 - 22.50 |
Contract range | N/A |
Volume | |
Open interest | 9 |
Two ETFs that caught our attention included SPDR Euro Stoxx 50 and Global X MSCI Argentina. The Argentina ETF has over a 16% weight in MercadoLibre, but looked much stronger than the individual stock. Sure, it's largest component, MercadoLibre, was still in a downtrend.
MercadoLibre's (MELI) first-quarter 2024 results benefit from increasing total payments volume, courtesy of the robust Mercado Pago.
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 11.3% in the morning session after the company reported first quarter results, which blew past analysts' revenue and EPS estimates, driven by better-than-expected GMV on its e-commerce platform. The company stated it's seeing record levels of retention for its newest customer cohorts and strong traction for MELI+ as loyalty members are spending more than non-loyalty members. MercadoLibre's ad business is al