MercadoLibre (MELI) Rises But Trails Market: What Investors Should Know
MercadoLibre(MELI) ZACKS·2024-09-20 06:56
In the latest market close, MercadoLibre (MELI) reached $2,109.40, with a +0.32% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.7%. Elsewhere, the Dow saw an upswing of 1.26%, while the tech-heavy Nasdaq appreciated by 2.51%.Heading into today, shares of the operator of an online marketplace and payments system in Latin America had gained 4.74% over the past month, outpacing the Retail-Wholesale sector's gain of 4.02% and the S&P 500's gain of 1.27% ...