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Carmignac Gestion Cuts MercadoLibre Stake; Amundi Buys More Shares

MercadoLibre logoMercadoLibre
Sig1.35Sen+1.25Env0.00Soc0.00Gov0.00

Carmignac Gestion sold 59,357 MercadoLibre shares, leaving it with 190,098 shares worth about $322.6 million, or roughly 0.37%. Amundi increased its position by buying 15,797 shares to 192,893, worth about $327.4 million. MercadoLibre reported $10.17 billion in quarterly revenue versus $9.79 billion expected, alongside updated analyst target changes.

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