🔴 MELI is trading 5.1% down today on margin compression despite revenue beat

MELI is trading at $1774.89 (-5.1%) as margin compression from heavy investments offsets a 49% surge in Q1 revenue.

• Revenue beat estimates at $8.85B, driven by strong performance in Brazil, but net income missed expectations at $417M.
• Profitability was pressured by a 600bps margin compression resulting from aggressive strategic investments during the quarter.
• The price action reflects post-earnings digestion following the May 7 release, with no formal 2026 guidance provided to anchor sentiment.