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MercadoLibre plays politics

Aug. 16, 2019 8:16 AM ETMercadoLibre, Inc. (MELI) StockMELIBy: Clark Schultz, SA News Editor1 Comment
  • MercadoLibre (NASDAQ:MELI) CEO Marcos Galperin says his meeting with Argentine presidential candidate Alberto Fernandez was aimed at finding dialogue and common areas, according to Bloomberg.
  • "My stance in the campaign was public and clear, and the fact that they received me and listened to me to discuss the country going forward was very positive," he stated.
  • Shares of MercadoLibre are down 11% this week following the election shocker.

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