VentureBeat |
Mercadolibre (MELI) Stock Retreats, eBay Divests 5.5 Million Shares
TheStreet.com NEW YORK (TheStreet) — Shares of Mercadolibre (MELI) were dropping 8.67% to $167.33 on heavy trading volume late Thursday afternoon as eBay (EBAY) is selling a majority of its 20% stake in the Latin American e-commerce site. Mercadolibre said eBay … EBay to Raise More Than $1 Billion Selling Stake in MercadoLibre eBay divests majority of its stake in Latin American ecommerce giant … Ebay to sell stake in MercadoLibre |
More: continued here
