Why did MercadoLibre shares rise and then fall?
MercadoLibre (NASDAQ: MELI) The “Latin Amazon.com” stock rose almost 5% in early trading on Thursday before reversing and losing almost all of its gains. (As of 11:30 a.m. ET, MercadoLibre is up only about 0.5%). It’s no secret why MercadoLibre exploded: Wall Street analyst Marcelo Santos of JPMorgan Chase upgraded the stock to “overweight” this…