Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Shares of MercadoLibre fell the most in nearly two years after the Latin American e-commerce giant posted fourth-quarter earnings that fell short of analyst estimates https://t.co/MdO7F2lJxl
$MELI...great company, but operating margin miss spooked 👻 investors
Booking Holdings shares fell the most in 20 months on Friday after giving a disappointing forecast for travel reservations https://t.co/OZijEp5oj4
Booking Holdings and MercadoLibre faced stock declines after disappointing financial results. Booking Holdings forecasted slower growth in bookings due to normalizing US travel demand, leading to an 8% fall in shares. MercadoLibre's flat year-over-year earnings and operating income below estimates caused a 7-8.6% drop in its stock.