MercadoLibre stock drops 2% to start 2026 as rates and jobs data loom
MercadoLibre shares fell 2.0% to $1,973.70 Friday, closing below $2,000 as the Nasdaq slipped and U.S. Treasury yields rose. The broader market was mixed, with the Dow and S&P 500 up and the Nasdaq down. Founder Marcos Galperin became executive chairman Jan. 1, with Ariel Szarfsztejn now CEO. The company’s Q4 2025 results are scheduled for Feb. 24.