Here is What to Know Beyond Why MercadoLibre, Inc. (MELI) is a Trending Stock
MELIMercadoLibre(MELI) zacks.com·2024-05-21 22:05

MercadoLibre (MELI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this operator of an online marketplace and payments system in Latin America have returned +30.7% over the past month versus the Zacks S&P 500 composite's +7.1% change. The Zacks Internet - Commerce industry, to which MercadoLibre belongs, has gained 9.9% over this period. Now the key question is: Where could ...