Why MercadoLibre Stock Skyrocketed 20% in April

MercadoLibre (MELI -1.48%) stock jumped 20% in April, according to data provided by S&P Global Market Intelligence. The Latin American e-commerce giant is already a top growth stock, and it's looking even finer since the tariff program roiled the markets because it operates outside of the U.S.Tops in two growth industriesMercadoLibre is an e-commerce giant in 18 Latin American countries. It has been growing at high double-digits since slowing down from triple-digit growth early in the pandemic, but its regi ...