MELI spotlight — 2026-10-27
MercadoLibre shares dropped 7.81% on Monday, closing at $1668.72. This move occurred on high volume, with 2.52 million shares traded—a figure 5.31x the 20-session average.
Key figures
Data as of Oct 27, 2026- MELI last close
- $1,668.72
- MELI change vs prior close
- -7.81%
- MELI trailing P/E
- 45.22
- MELI market cap
- $84.24B
MercadoLibre shares dropped 7.81%¹ on Monday, closing at $1668.72². This move occurred on high volume, with 2.52 million shares traded³—a figure 5.31x the 20-session average⁴.
This price action contrasts with recent news sentiment, which skews positive with four positive reports and zero negative. Despite this, the stock is trading near the bottom of its 52-week range, sitting at 18.6%⁵ between its low of $1495.0⁶ and its high of $2428.0⁷. The downward trend is evident across multiple timeframes: shares are down 9.29% over the last five sessions⁸, 10.41% over three months, and 22.32% over the last year.
From a fundamental standpoint, MELI maintains a high trailing P/E of 45.22⁹ alongside a market cap of $84.24B¹⁰. The company's most recent reported revenue was $10.17B¹¹ with an EPS of 9.19¹². Monday's close left the stock 10.08% below its 50-day average¹³ and 8.45% below its 200-day average¹⁴.
Mercado Libre, Inc (MELI): price and news
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