MercadoLibre Stock Drops 5.31% Despite Strong Revenue Growth, Trading Volume Ranks 69th

On March 26, 2025, MercadoLibre (MELI) experienced a significant decline, with its stock price dropping by 5.31%. The trading volume for the day was 10.03 billion, placing it at the 69th position in the overall market rankings.

MercadoLibre reported impressive financial results for the quarter, with revenues reaching $6.06 billion, marking a 37.4% year-over-year increase. This performance exceeded analysts' expectations by 2.8%, highlighting the company's strong market position and operational efficiency.

MercadoLibre's market capitalization stands at 103 billion EUR, reflecting its substantial presence in the e-commerce sector. The company's stock opened at 2036.00 EUR, with the previous day's closing price at 2029.50 EUR. The current bid price is 2020.50 EUR, indicating ongoing market interest and trading activity.