Here's Why MercadoLibre Will Likely Announce a Stock Split in 2024
MELIMercadoLibre(MELI) 24/7 Wall Street·2024-05-10 00:31

Here's Why MercadoLibre Will Likely Announce a Stock Split in 2024 XtockImages / iStock via Getty Images Investors are having a good year so far, thanks largely to growth stocks. As valuations continue to rise, it would not be shocking to see more boards of directors pursue stock splits. One stock that’s ripe for a potential split is MercadoLibre (Nasdaq: MELI), a Montevideo, Uruguay-based online e-commerce and payments behemoth whose stock has been on a tear of late. After a 10.4% year-to-date advance, M ...