As markets shift, MercadoLibre’s falling share price shows no company is safe

The declining valuations of major technology companies, including a host of recent IPOs, were partially triggered by lackluster guidance. As we saw this morning with Upstart, guidance can trump trailing results when it comes to setting investor sentiment about any particular company.
For one company currently in the public market penalty box, however, the picture is harder to parse. MercadoLibre ($MELI), after reporting earnings last week, has seen its value sharply contract. On May 4, MercadoLibre closed at $1,023.21 per share. On May 5, the day it reported its first-quarter performance, shar

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