Shares of MercadoLibre (MELI) tumbled in Thursday's afternoon trading after the company posted mixed third quarter results. On the revenue front, the Latin American e-commerce giant posted 5.31 billion, topping estimates of 5.27.

However, it missed profit estimates, posting adjusted earnings per share of $7.83, below the $9.99 analysts had forecasted.

Market Domination Hosts Julie Hyman and Josh Lipton dive into the details of the report.

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This post was written by Angel Smith