Here’s How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 10.77% on an annualized basis producing an average annual return of 23.12%. Currently, MercadoLibre has a market capitalization of $91.41
MercadoLibre is a company that made money for people who owned its stock over many years—it grew faster than most other companies. When you see a stock with a long history of growth like this, it might mean the company does smart things, but past success doesn't promise future wins.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.