Mercadolibre Set New 52-Week High Thursday

Mercadolibre Inc. (MELI) reported third quarter EPS of $0.25 after the close Wednesday, compared to the $0.14 reported last year.

Mercadolibre Inc. gapped open higher Thursday and climbed until around mid-morning. Shares finished up by $5.55 at $43.91 on above average volume. The stock broke out past resistance and set a new high for the year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com