🔴 MercadoLibre is trading 12.6% down today after missing profit expectations as margins fell

MercadoLibre is trading at ARS 21,300.00, down 12.56%, after third-quarter earnings and margin shortfalls.

• Net income was $448 million, below the $476 million analysts expected.
• Operating margin fell to 6.3% from nearly 10% a year earlier, as heavier logistics investment weighed on profitability.
• Revenue rose 45% to $10.75 billion, above expectations. Broader market weakness may add pressure, but results are the primary catalyst.