Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 20.18% on an annualized basis, producing an average annual return of 28.9%. If an investor had bought $100 of MELI stock 15 years ago, it would be worth $4,393.53 today.
August 29, 2023 | 6:30 pm
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MercadoLibre's stock has shown strong performance over the past 15 years, outperforming the market by 20.18% on an annualized basis. 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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RELEVANCE 100