MercadoLibre (MELI) Stock Dips While Market Gains: Key Facts

In the latest market close, MercadoLibre (MELI) reached $1,660.89, with a -1.08% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.09%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.3%.The operator of an online marketplace and payments system in Latin America's shares have seen a decrease of 1.81% over the last month, not keeping up with the Retail-Wholesale sector's gain of 1.99% and the S&P 500's gain of 3.38%.Investors will ...