$1000 Invested In MercadoLibre 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, MercadoLibre (NASDAQ:MELI) has significantly outperformed the market, with an average annual return of 37.11%, turning a $1000 investment into $109,964.87 today. The company now has a market capitalization of $80.88 billion.
March 01, 2024 | 2:30 pm
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MercadoLibre's stock has shown remarkable growth over 15 years, with a $1000 investment growing to $109,964.87.
The significant growth in investment value over 15 years highlights MercadoLibre's strong market performance and the impact of compounded returns. This historical performance is likely to positively influence investor perception and could lead to increased investor interest in the short term.
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RELEVANCE 100