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Mercadolibre Inc (MELI.OQ)

MELI.OQ on NASDAQ Stock Exchange Global Select Market

592.55USD
24 May 2019
Change (% chg)

$11.88 (+2.05%)
Prev Close
$580.67
Open
$584.44
Day's High
$595.66
Day's Low
$584.44
Volume
140,891
Avg. Vol
195,340
52-wk High
$596.44
52-wk Low
$257.52

Latest Key Developments (Source: Significant Developments)

Mercadolibre Files For Potential Stock Shelf, Size Not Disclosed
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Mercadolibre Inc ::MERCADOLIBRE FILES FOR POTENTIAL STOCK SHELF, SIZE NOT DISCLOSED - SEC FILING.  Full Article

Mercadolibre To Raise $1.85 Bln In Equity Offerings
Tuesday, 12 Mar 2019 

March 11 (Reuters) - Mercadolibre Inc ::MERCADOLIBRE TO RAISE $1.85 BILLION IN EQUITY OFFERINGS.ANNOUNCED THAT IT INTENDS TO OFFER APPROXIMATELY US$1 BILLION OF COMMON STOCK.CO ALSO INTENDS TO GRANT UNDERWRITERS A 30-DAY OPTION TO PURCHASE UP TO $150 MILLION OF ADDITIONAL SHARES OF COMMON STOCK.MERCADOLIBRE- CO ENTERED INTO AGREEMENT PURSUANT TO WHICH PAYPAL HAS COMMITTED TO MAKE $750 MILLION STRATEGIC INVESTMENT THROUGH PURCHASE OF COMMON STOCK.MERCADOLIBRE - IN SEPARATE AGREEMENT, AFFILIATE OF DRAGONEER INVESTMENT GROUP HAS AGREED TO BUY $100 MILLION OF SERIES A PERPETUAL CONVERTIBLE PREFERRED STOCK.GOLDMAN SACHS IS ACTING AS SOLE FINANCIAL ADVISOR TO MERCADOLIBRE ON PAYPAL AND DRAGONEER INVESTMENTS.  Full Article

Mercadolibre Inc Reports Fourth Quarter Financial Results
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Mercadolibre Inc ::MERCADOLIBRE, INC. REPORTS FOURTH QUARTER FINANCIAL RESULTS.Q4 REVENUE $428 MILLION VERSUS REFINITIV IBES ESTIMATE OF $410.3 MILLION.$5.3 BILLION TOTAL PAYMENT VOLUME, UP 68.5% ON AN FX NEUTRAL BASIS IN QUARTER.IN QUARTER $3.2 BILLION GROSS MERCHANDISE VOLUME, UP 17.6% ON AN FX NEUTRAL BASIS.QTRLY LOSS PER SHARE $0.05.Q4 EARNINGS PER SHARE VIEW $-0.13 -- REFINITIV IBES DATA.  Full Article

Mercadolibre Announces $800 Mln Convertible Senior Note Offering
Tuesday, 21 Aug 2018 

Aug 20 (Reuters) - Mercadolibre Inc ::MERCADOLIBRE ANNOUNCES $800 MILLION CONVERTIBLE SENIOR NOTE OFFERING.MERCADOLIBRE INC - INTENDS TO OFFER $800 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2028.MERCADOLIBRE INC - NOTES WILL PAY INTEREST SEMIANNUALLY.MERCADOLIBRE INC - NOTES WILL MATURE ON AUGUST 15, 2028.MERCADOLIBRE INC - MERCADOLIBRE WILL NOT HAVE RIGHT TO REDEEM NOTES PRIOR TO AUGUST 21, 2023.  Full Article

Mercadolibre Inc QTRLY Loss Per Share $0.25
Thursday, 9 Aug 2018 

Mercadolibre Inc ::MERCADOLIBRE, INC. REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 REVENUE $335.4 MILLION VERSUS I/B/E/S VIEW $346.4 MILLION.QTRLY BASIC NET LOSS PER SHARE $0.25.QTRLY NET REVENUES OF $335.4 MILLION, UP 43.7% ON AN FX NEUTRAL BASIS.QTRLY LOSS PER SHARE $0.25.  Full Article

Mercadolibre Inc reports Q3 earnings per share $0.63
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Mercadolibre Inc :Mercadolibre Inc reports third quarter financial results.Q3 earnings per share $0.63.Q3 revenue $370.7 million versus I/B/E/S view $347.7 million.Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.  Full Article

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Digital lenders lure unbanked Argentines out of shadow economy

BUENOS AIRES María Rosales, 39, is one of millions of less affluent Argentines locked out of the traditional financial sector. The former cruise ship worker lost her job in 2015 and has relied on her family for financial support to stay afloat since.