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Why Amazon, Sea Limited, and MercadoLibre All Surged on Tuesday

·4-min read
Why Amazon, Sea Limited, and MercadoLibre All Surged on Tuesday
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After days of declines, a large number of e-commerce and technology stocks staged a wide-ranging relief rally on Tuesday. Investors focused on a broader range of economic issues, allowing high-growth stocks to stage a comeback. E-commerce platforms have taken it on the chin recently, as investors bet that massive gains resulting from the pandemic would eventually fade.

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