Mercadolibre Stock News

Latin America is one of the fastest growing regions in the world and if we include South America, accounts for a total addressable market of over 1 billion people.

MercadoLibre Inc. (NASDAQ:MELI)s traded shares stood at 0.63 million during the last session, with the companys beta value hitting 1.48. At the close of trading, the stocks price was $1144.50, to imply an increase of 1.12% or $12.66 in intraday trading. The MELI shares 52-week high remains $2020.00, putting it -76.5% down since that peak MercadoLibre Inc. (NASDAQ: MELI) Has Decreased By -28.00 Percent This Year. Is It A Better Buy Than Others? Read More »

Total Clarity Wealth Management Inc. bought a new position in MercadoLibre, Inc. (NASDAQ:MELI) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 20 shares of the companys stock, valued at approximately $34,000. Several other hedge funds have also recently modified their holdings of MELI. Nikko Asset Management []

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Zweig DiMenna Associates LLC boosted its position in MercadoLibre, Inc. (NASDAQ:MELI) by 127.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,429 shares of the companys stock after acquiring an additional 3,043 shares during the quarter. Zweig DiMenna Associates LLCs holdings in MercadoLibre were []

Harel Insurance Investments & Financial Services Ltd. cut its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 21.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 897 shares of the company’s stock after selling 246 shares during the period. Harel Insurance Investments […]

According to a recent report from ResearchAndMarkets, the Global FinTech Market was valued at $7.3 trillion in 2020 and is projected to grow at a CAGR of 26.87% between now and 2026. Fintech stocks such as Square (NYSE:SQ), Paypal (NASDAQ:PYPL), Green Dot (NASDAQ: GDOT), MercadoLibre (NASDAQ:MELI) are taking centerstage. Rising popularity for digital payments, increased [] The post Exxe Group Inc (OTCMKTS:AXXA) Lines Up Squeeze Potential as Growing Fintech Opportunity with Heavy Short Interest in Play appeared first on Wall Street PR .

Kestra Advisory Services LLC reduced its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 29.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,768 shares of the companys stock after selling 726 shares during the quarter. Kestra Advisory Services LLCs holdings in []

Each stock in this basket of growth, value, and income is down over 20% from its high.

Bellecapital International Ltd. raised its position in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 2.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,043 shares of the companys stock after purchasing an additional 22 shares during the quarter. Bellecapital International Ltd.s holdings in MercadoLibre were worth $1,752,000 at []

The Latin American company just hit a fresh 52-week low.

Oregon Public Employees Retirement Fund trimmed its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 1.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,605 shares of the companys stock after selling 100 shares during the quarter. Oregon Public Employees Retirement Funds holdings []

AdvisorNet Financial Inc lifted its holdings in MercadoLibre, Inc. (NASDAQ:MELI) by 75.5% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 193 shares of the companys stock after acquiring an additional 83 shares during the quarter. AdvisorNet Financial Incs holdings in MercadoLibre were worth $324,000 []

Fifth Third Bancorp grew its position in MercadoLibre, Inc. (NASDAQ:MELI) by 30.8% during the third quarter, HoldingsChannel reports. The firm owned 676 shares of the companys stock after buying an additional 159 shares during the quarter. Fifth Third Bancorps holdings in MercadoLibre were worth $1,135,000 as of its most recent filing with the Securities & []

The Latin American e-commerce platform selected Brazil to kick-off crypto payments via its MercadoPago application.