Mercadolibre Surges 3.13% on 48% Volume Spike Ranks 86th in Market Activity as Burry’s Scion Buys In

On August 15, 2025, Mercadolibre (MELI) surged 3.13% to $2,392.30, with a trading volume of $0.99 billion—up 48.04% from the prior day, ranking 86th in market activity. The rally followed significant institutional investments, including a $7.84 billion stake by Michael Burry’s Scion Asset Management. Other firms, such as GQG Partners and Ground Swell Capital, also increased or initiated positions. These moves underscored confidence in the e-commerce giant’s strategic shift toward higher-quality customers and its expanding fintech and logistics infrastructure, despite near-term margin pressures from credit portfolio expansion.

The stock’s performance was bolstered by Q2 2025 results, which showed a 34% year-over-year revenue increase to $6.8 billion. While the company missed earnings estimates, analysts highlighted the long-term benefits of its credit and logistics investments, including lower default risks and increased customer retention. The rally brought MELI closer to its 52-week high of $2,645.22, reflecting renewed optimism about its market share growth and wallet-stickiness potential in Latin America.

Backtest data revealed that a strategy of buying the top 500 volume-driven stocks and holding them for one day from 2022 to 2025 yielded a 37.61% total return, with an average 0.98% daily gain. While modest, the results suggest stability, aligning with MELI’s recent institutional-driven momentum.