Mobile entertainment and e-commerce contender Sea Limited (NYSE: SE) has quickly emerged from a regional Southeast Asian player to a major global entity. Business is looking as strong as ever, yet Sea's shares are down about 50% over the past two months. Despite investors' short-term concerns, Sea seems poised to be a great long-term investment for four key reasons. Read More...
Motley Fool
Why MercadoLibre Stock Crashed Today
Latin American e-commerce giant MercadoLibre (NASDAQ: MELI) calls Argentina home but does 60% of its business to the north in Brazil — and that could become a problem for MercadoLibre stock this year. Warning of storm clouds on the horizon, investment bank Jefferies downgraded MercadoLibre stock this morning. Not only did Jefferies cut its rating on MercadoLibre (from “buy” to “hold”), says StreetInsider.com, but the banker also cut its price target on MercadoLibre stock from $2,000 to just $1,250.
Add Comment