MELI Stock Recent News

The stock market has had a phenomenal run over the past few years, but it recently slumped into correction territory as traders grew concerned about the possibility that tariffs and a trade war could slow the U.S. economy. As of Thursday morning, the Nasdaq Composite was down about 13% from its peak, and the S&P 500 was off by almost 10%.

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Montevideo, Uruguay, March 13, 2025 (GLOBE NEWSWIRE) -- Montevideo, Uruguay, 13 March 2 025 – Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, today launched a new series within the Inside Mercado Libre podcast: CFO Perspectives. Following our earnings report this quarter, CFO Martin de los Santos joins host Richard Cathcart, Investor Relations Officer, to reflect on Mercado Libre's performance and provide a look ahead.

Tariffs and talk of a recession have been making major headlines this week, and the market is reacting with predictable volatility. The Nasdaq Composite (^IXIC -0.18%), which features a riskier, tech-loaded group of stocks, is in correction territory, 13% off its recent highs as of this writing.

Despite recent market volatility, now is the time to be aggressive in investing, focusing on companies with strong fundamentals and growth potential. Nu Holdings, despite macroeconomic challenges, offers a compelling opportunity with a P/S ratio of 3.3x and strong customer growth in the LatAm fintech market. Lemonade is disrupting the insurance market with significant growth potential, trading at an attractive EV/GP ratio and poised for profitability with scale.

The Nasdaq Composite (^IXIC -0.18%) is officially in a correction, with the tech-heavy Nasdaq-100 index down about 12% from its recent high. And while there are some stocks that still look rather pricey, even after the downturn, there are some excellent bargains to be found for patient long-term investors.

Many high-flying stocks have nosedived over the past week, and stock splits are no longer in the spotlight.

In the closing of the recent trading day, MercadoLibre (MELI) stood at $2,009.34, denoting a -1.76% change from the preceding trading day.

Shares of MercadoLibre (MELI -5.04%) stock gained 10% in February, according to data provided by S&P Global Market Intelligence. It released a fantastic earnings report, assuaging fears about economic volatility in its operating region and inspiring investor confidence in its short- and long-term potential.

Latin American e-commerce giant MercadoLibre said on Friday it will invest $3.4 billion in Mexico in 2025.