MercadoLibre Trading Volume Drops 33.25% but Stock Price Rises for Fifth Day in a Row Ranking 107th in Daily Trading Volume

On May 13, 2025, MercadoLibre (MELI) saw a trading volume of $914 million, marking a 33.25% decrease from the previous day. The stock ranked 107th in terms of trading volume for the day. MELI's stock price rose by 0.42%, marking its fifth consecutive day of gains, with a total increase of 12.84% over the past five days.

MercadoLibre has recently received higher valuations from several Wall Street analysts, who cited the company's latest financial results as justification for the increased prices. The company reported earnings per share (EPS) of $9.74, with revenues exceeding expectations by 7.5% to reach $5.9 billion. This positive financial performance has contributed to the stock's recent upward trend.

Analysts have set price targets for MercadoLibre ranging from $2,250 to $3,100, with the average target indicating a potential increase from the current price. The company's strong performance metrics, including a 47.2% rally in share price year to date, have bolstered investor confidence in its growth prospects.