Here's How Much $100 Invested In MercadoLibre 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years, producing an average annual return of 27.9%. If an investor had bought $100 of MELI stock 15 years ago, it would be worth $4,007.69 today. The company currently has a market capitalization of $69.48 billion.
August 10, 2023 | 8:30 pm
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MercadoLibre's stock has shown strong performance over the past 15 years, with an average annual return of 27.9%. This historical performance may attract investors looking for long-term growth.
The news highlights the strong historical performance of MercadoLibre's stock, which has outperformed the market over the past 15 years. This could potentially attract more investors to the stock, driving up demand and potentially leading to a short-term increase in the stock price.
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