Mercadolibre (MELI) falls 6.48% after hours following Q2 earnings

Mercadolibre (MELI) shares fell 6.48% in after-hours trading following the release of its Q2 2026 earnings report. Although the company beat top-line revenue estimates, the stock dropped due to significant bottom-line pressure. Net income fell 11% year-over-year, and operating income dropped 17%, marking the third consecutive quarter of profit decline amid margin compression from heavy investments in Brazil and credit card expansion provisions.