MercadoLibre (MELI) Stock Falls Amid Market Uptick: What Investors Need to Know
MELIMercadoLibre(MELI) Zacks Investment Research·2024-04-04 06:51

MercadoLibre (MELI) closed at $1,504.98 in the latest trading session, marking a -0.5% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.Heading into today, shares of the operator of an online marketplace and payments system in Latin America had lost 0.97% over the past month, lagging the Retail-Wholesale sector's gain of 0.04% and the S&P 500's gain of 1.5% in that tim ...