Mercadolibre (MELI) Stock Retreats, eBay Divests 5.5 Million Shares – TheStreet.com
VentureBeat Mercadolibre (MELI) Stock Retreats, eBay Divests 5.5 Million SharesTheStreet.comNEW 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…