MercadoLibre (MELI) Stock Declines While Market Improves: Some Information for Investors

MercadoLibre (MELI) closed the most recent trading day at $2,009.34, moving -1.76% from the previous trading session. This change lagged the S&P 500's 0.55% gain on the day. At the same time, the Dow added 0.52%, and the tech-heavy Nasdaq gained 0.7%.Shares of the operator of an online marketplace and payments system in Latin America witnessed a gain of 1.61% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 7.03% and the S&P 500's loss of 5.56%.Analysts and in ...