MercadoLibre (MELI) Laps the Stock Market: Here's Why

MercadoLibre (MELI) closed the latest trading day at $1,762.70, indicating a +0.16% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq added 0.36%.Shares of the operator of an online marketplace and payments system in Latin America witnessed a gain of 11.62% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 0.71% and the S&P 500's gain of 2.4%.The investment co ...