MercadoLibre (MELI) Increases Yet Falls Behind Market: What Investors Need to Know
MELIMercadoLibre(MELI) Zacks Investment Research·2024-02-08 07:50

MercadoLibre (MELI) closed the most recent trading day at $1,713.87, moving +0.2% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.82%. At the same time, the Dow added 0.41%, and the tech-heavy Nasdaq gained 0.95%. The operator of an online marketplace and payments system in Latin America's shares have seen an increase of 8.71% over the last month, surpassing the Retail-Wholesale sector's gain of 7.3% and the S&P 500's gain of 5.59%. The investment communit ...