MercadoLibre Stock Hits New High As Company Delivers Profits

Blockhead
22 Feb

MercadoLibre (MELI) stock soared Friday and reached a new high following a robust fourth-quarter earnings report. The Latin American e-commerce giant broke out of a base in heavy volume and is extended from a buy zone. Its chart continues to improve from December lows. Separately, vaccine stock Dynavax Technologies (DVAX) also hit a buy point and new high after the…

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