MercadoLibre (MELI) Ascends While Market Falls: Some Facts to Note

MercadoLibre (MELI) ended the recent trading session at $1,550.62, demonstrating a +0.33% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.19% for the day. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 0.54%.Coming into today, shares of the operator of an online marketplace and payments system in Latin America had lost 9.42% in the past month. In that same time, the Retail-Wholesale sector gained 2.94%, while the S&P 500 ga ...