3rdPartyFeeds

Why Shopify, Sea, and MercadoLibre Stocks Crashed Today

As of 11 a.m. ET, shares of both e-commerce platform provider Shopify (NYSE: SHOP) and the South American online retail giant MercadoLibre (NASDAQ: MELI) were down by about 6.8%. Meanwhile, Singapore-based Sea Limited (NYSE: SE), which operates the Shopee marketplace in Southeast Asia, was suffering an 8.5% meltdown. Late on Wednesday, for the first time this millennium, Amazon announced a stock split. Read More...

As of 11 a.m. ET, shares of both e-commerce platform provider Shopify (NYSE: SHOP) and the South American online retail giant MercadoLibre (NASDAQ: MELI) were down by about 6.8%. Meanwhile, Singapore-based Sea Limited (NYSE: SE), which operates the Shopee marketplace in Southeast Asia, was suffering an 8.5% meltdown. Late on Wednesday, for the first time this millennium, Amazon announced a stock split.

Read More

Add Comment

Click here to post a comment