Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, MercadoLibre (NASDAQ:MELI) has significantly outperformed the market, with an average annual return of 38.33%. A $100 investment in MELI stock 15 years ago would be worth $13,068.37 today. MercadoLibre's market capitalization currently stands at $88.68 billion.
January 22, 2024 | 6:01 pm
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MercadoLibre has delivered a remarkable average annual return of 38.33% over the past 15 years, turning a $100 investment into $13,068.37 today.
The historical performance of MercadoLibre is indicative of strong growth and may continue to attract investors looking for proven long-term gains. The impressive returns over the past 15 years highlight the company's success and could positively influence investor sentiment in the short term.
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