Movement Alert｜MercadoLibre Falls 3.62% in Regular Trading, Wall Street Big Short Exits Position as Multiple Institutions Issue Risk Warnings

Market Focus09-28 21:45

On September 28, MercadoLibre fell 3.62% in regular trading, trading at $1,705.00/share, with turnover of $95.253 million, extending a multi-week decline.

On the news front, renowned investor Michael Burry — famous for predicting the subprime mortgage crisis — has disclosed that he has exited his MercadoLibre position, while multiple institutions have issued risk warnings on the stock. Notably, Burry had publicly bought MercadoLibre in May, praising it as the Amazon of Brazil, Mexico, and Argentina, and further added it to his long holdings in August. His abrupt reversal has heightened market concern. Earlier, UBS cut its price target to $1,750 from $2,050 while maintaining a Neutral rating, and Citigroup downgraded the stock to Neutral from Buy, lowering its target to $1,950 from $2,200.

Despite MercadoLibre delivering a strong Q2 with revenue surpassing $10 billion and EPS of $9.19 beating the $8.58 consensus estimate, earnings per share declined 10.86% year-over-year. The stock has fallen approximately 9.48% in September and 12.99% year-to-date, reflecting persistent investor caution over profitability trends amid aggressive reinvestment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1110050552?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-28 21:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110050552","market":"us","top_or_hot":-1,"title":"Movement Alert｜MercadoLibre Falls 3.62% in Regular Trading, Wall Street Big Short Exits Position as Multiple Institutions Issue Risk Warnings","media":"Market Focus","content":"<p><p>On September 28, MercadoLibre fell 3.62% in regular trading, trading at $1,705.00/share, with turnover of $95.253 million, extending a multi-week decline.</p><p>On the news front, renowned investor Michael Burry — famous for predicting the subprime mortgage crisis — has disclosed that he has exited his MercadoLibre position, while multiple institutions have issued risk warnings on the stock. Notably, Burry had publicly bought MercadoLibre in May, praising it as the Amazon of Brazil, Mexico, and Argentina, and further added it to his long holdings in August. His abrupt reversal has heightened market concern. Earlier, UBS cut its price target to $1,750 from $2,050 while maintaining a Neutral rating, and Citigroup downgraded the stock to Neutral from Buy, lowering its target to $1,950 from $2,200.</p><p>Despite MercadoLibre delivering a strong Q2 with revenue surpassing $10 billion and EPS of $9.19 beating the $8.58 consensus estimate, earnings per share declined 10.86% year-over-year. The stock has fallen approximately 9.48% in September and 12.99% year-to-date, reflecting persistent investor caution over profitability trends amid aggressive reinvestment.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜MercadoLibre Falls 3.62% in Regular Trading, Wall Street Big Short Exits Position as Multiple Institutions Issue Risk Warnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜MercadoLibre Falls 3.62% in Regular Trading, Wall Street Big Short Exits Position as Multiple Institutions Issue Risk Warnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-09-28 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On September 28, MercadoLibre fell 3.62% in regular trading, trading at $1,705.00/share, with turnover of $95.253 million, extending a multi-week decline.</p><p>On the news front, renowned investor Michael Burry — famous for predicting the subprime mortgage crisis — has disclosed that he has exited his MercadoLibre position, while multiple institutions have issued risk warnings on the stock. Notably, Burry had publicly bought MercadoLibre in May, praising it as the Amazon of Brazil, Mexico, and Argentina, and further added it to his long holdings in August. His abrupt reversal has heightened market concern. Earlier, UBS cut its price target to $1,750 from $2,050 while maintaining a Neutral rating, and Citigroup downgraded the stock to Neutral from Buy, lowering its target to $1,950 from $2,200.</p><p>Despite MercadoLibre delivering a strong Q2 with revenue surpassing $10 billion and EPS of $9.19 beating the $8.58 consensus estimate, earnings per share declined 10.86% year-over-year. The stock has fallen approximately 9.48% in September and 12.99% year-to-date, reflecting persistent investor caution over profitability trends amid aggressive reinvestment.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MELI","symbol_name":"MercadoLibre","start_time":0,"source_url":"","article_id":"1110050552","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110050552","pubTimestamp":1790603158,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On September 28, MercadoLibre fell 3.62% in regular trading, trading at $1,705.00/share, with turnover of $95.253 million, extending a multi-week decline.On the news front, renowned investor Michael...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MELI":"MercadoLibre"},"translate_title":"走势警报|MercadoLibre常规交易下跌3.62%，多家机构发出风险警告，华尔街大空头退出头寸","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MELI":1},"content_text":"On September 28, MercadoLibre fell 3.62% in regular trading, trading at $1,705.00/share, with turnover of $95.253 million, extending a multi-week decline.On the news front, renowned investor Michael Burry — famous for predicting the subprime mortgage crisis — has disclosed that he has exited his MercadoLibre position, while multiple institutions have issued risk warnings on the stock. Notably, Burry had publicly bought MercadoLibre in May, praising it as the Amazon of Brazil, Mexico, and Argentina, and further added it to his long holdings in August. His abrupt reversal has heightened market concern. Earlier, UBS cut its price target to $1,750 from $2,050 while maintaining a Neutral rating, and Citigroup downgraded the stock to Neutral from Buy, lowering its target to $1,950 from $2,200.Despite MercadoLibre delivering a strong Q2 with revenue surpassing $10 billion and EPS of $9.19 beating the $8.58 consensus estimate, earnings per share declined 10.86% year-over-year. The stock has fallen approximately 9.48% in September and 12.99% year-to-date, reflecting persistent investor caution over profitability trends amid aggressive reinvestment.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1110050552","isCrawlerRequest":true}