2,005.00
price up icon1.87%   36.85
 
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Why is Mercadolibre Inc (MELI) Stock down?

We've noticed a 16.21% decline in Mercadolibre Inc (MELI) stock during the 2024-11-07 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
10 Jul, 2023:

MercadoLibre, Inc. (MELI) dropped 5.78% to $1,087.15 after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target from $1,680 to $1,350.

https://www.benzinga.com/analyst-ratings/upgrades/23/07/33168522/benzingas-top-ratings-upgrades-downgrades-for-july-10-2023

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