Hedge Fund WCM Sells $940 Million in MercadoLibre Shares

WCM Investment Management, LLC sold approximately 487,291 shares of MercadoLibre (MELI) worth an estimated $940 million during the first quarter. The sale reduced its stake to just 270 remaining shares and decreased MELI's position from 2% to less than 0.001% of WCM’s reportable AUM.

By Robert Izquierdo · Motley Fool ·

Hedge Fund WCM Sells $940 Million in MercadoLibre Shares

Tickers: $MELI

Topics: 13F_filing MercadoLibre stock_sales

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