MercadoLibre Stock Is Up 12%, But This Fund Just Dumped $6 Million

On February 2, Triasima Portfolio Management Inc. disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold 3,013 shares of MercadoLibre (NASDAQ:MELI) during the fourth quarter, an estimated 6.33milliontradebasedonquarterlyaveragepricing.WhathappenedAccordingtotheSECfilingdatedFebruary2,TriasimaPortfolioManagementInc.sold3,013sharesofMercadoLibreduringthefourthquarter.Theestimatedvalueofthissalewas6.33 million trade based on quarterly average pricing. What happened According to the SEC filing dated February 2, Triasima Portfolio Management Inc. sold 3,013 shares of MercadoLibre during the fourth quarter. The estimated value of this sale was 6.33 million, calculated using the average cl ...