MercadoLibre Stock Rebounds as Brazil Expansion Fuels 2025 Rally Hopes
Stock Price Volatility and Current Levels MercadoLibre, Inc. (NASDAQ: MELI) – often dubbed the “Amazon of Latin America” – has seen its stock whipsaw in recent weeks amid broader market jitters. The share price plunged over 5% in one session on Oct. 15, tumbling to around $2,048 after nearing $2,500 in late September ts2.tech. That pullback put the stock roughly 10–15% below its 52-week high of ~$2,645 ts2.tech. As of Monday, Oct. 27, MercadoLibre’s stock has stabilized near $2,160 per share marketbeat.com – modestly above the mid-October lows. Even after the October drop, MELI remains up approximately 20% for the
