Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Looking At MercadoLibre’s Recent Whale Trades
A whale with a lot of money to spend has taken a noticeably bullish stance on MercadoLibre.
Looking at options history for MercadoLibre (NASDAQ:MELI) we detected 23 strange trades.
GOL Inks Cargo, Logistics Services Agreement With Mercado Livre
Brazil’s Gol Linhas Aereas Inteligentes SA’s (NYSE:GOL) logistics business GOLLOG has signed a landmark agreement with MercadoLibre Inc (NASDAQ:MELI) (Mercado Livre), which operates marketplaces…
Where MercadoLibre Stands With Analysts
Analysts have provided the following ratings for MercadoLibre (NASDAQ:MELI) within the last quarter:
Citigroup Maintains Buy on MercadoLibre, Lowers Price Target to $1500
Citigroup analyst Joao Pedro Soares maintains MercadoLibre (NASDAQ:MELI) with a Buy and lowers the price target from $1750 to $1500.
Here’s How Much You Would Have Made Owning MercadoLibre Stock In The Last 10 Years
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 16.55% on an annualized basis producing an average annual return of 29.28%. Currently, MercadoLibre has a market capitalization of $61.37 billion.
Markets Have Another Strong Week As S&P 500 Erases Initial Losses From Russia-Ukraine War
U.S. indices finished mixed Friday to conclude the trading week. Oil prices gained during Friday's session, which has continued to pressure economic sentiment.
The S&P 500 traded higher for the second week in a row and has now more than erased its initial losses following the Russian invasion of Ukraine.
Peering Into Mercadolibre Inc’s Recent Short Interest
Mercadolibre Inc's (NASDAQ:MELI) short percent of float has risen 64.03% since its last report. The company recently reported that it has 1.85 million shares sold short, which is 4.15% of all regular shares that are available for trading.
Did The Hacker Group Lapsus$ Penetrate Okta’s Systems? What You Need To Know
The identity management company Okta Inc. (NASDAQ: OKTA) is pushing back at claims by the hacker group Lapsus$ that it infiltrated the company’s systems and vacuumed up its confidential data.