Why a $13 Million MercadoLibre Exit Means for Investors After a 25% Run

MercadoLibre runs a top e-commerce and fintech platform in Latin America, connecting marketplace, payments, and logistics in one ecosystem.New York City-based Overbrook Management disclosed a full exit from MercadoLibre (MELI 0.06%) in a Friday SEC filing, selling 5,592 shares for an estimated $13.07 million based on quarterly average pricing.What HappenedAccording to an SEC filing released Friday, Overbrook Management Corp sold all of its 5,592 shares of MercadoLibre during the fourth quarter. The estimate ...