MercadoLibre (MELI) Stock After the November Sell‑Off: Latest News, Analyst Forecasts and 2026 Outlook
MercadoLibre shares fell 5% to around $1,970 on December 10, capping a six-month slide of roughly 15%. The stock is up 16% year-to-date but trades nearly 18% below its 2025 peak. Q3 results showed 39% revenue growth but missed earnings estimates, as heavy spending on shipping and promotions pressured margins. Several models now flag MELI as a short-term sell candidate.