MercadoLibre stock extends surge as Venezuela headlines keep MELI in play
MercadoLibre shares rose 3.3% to $2,219.87 Tuesday, building on Monday’s 8.8% surge as traders cited Venezuela-driven “risk-on” flows. The stock traded within a $2,138–$2,240 range and remains about 16% below its 52-week high. Investors are watching for U.S. signals on Venezuela and MercadoLibre’s late-February earnings. Venezuela-linked assets and bonds stayed volatile amid hopes for political change.