Mercadolibre Inc. (MELI): Today's Featured Diversified Services Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Mercadolibre (MELI) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 0.4%. By the end of trading, Mercadolibre rose $1.48 (1.2%) to $121.49 on average volume. Throughout the day, 736,299 shares of Mercadolibre exchanged hands as compared to its average daily volume of 509,600 shares. The stock ranged in a price between $119.18-$124.71 after having opened the day at $119.90 as compared to the previous trading day's close of $120.01. Other companies within the Diversified Services industry that increased today were: UniTek Global Services (UNTK), up 20.3%, Cadiz (CDZI), up 7.2%, China HGS Real Estate (HGSH), up 7.1% and Spar Group (SGRP), up 6.1%.
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