Posts  / MELI  / #POST-245248
REDDIT

Why did MELI drop after beating earnings?

Hi, I am still very new to investing and I was wondering why MELI would drop after earnings? It is not a hyperscaler / AI play so I didn't think it would do that so I was just wondering if anyone had any clarifications for that.

I currently have $96.57 worth of shares and I plan to add more to it tomorrow if the dip continues because I feel like the fundamentals for it are still good.