Why MercadoLibre (MELI) stock jumped nearly 9% on Venezuela shock headlines
MercadoLibre shares jumped 8.9% to $2,148.62 Monday, following the U.S. capture of Venezuela’s Nicolás Maduro. The stock hit $2,211.01 intraday as Wall Street rallied, led by energy. About 1.07 million shares traded. Investors await U.S. jobs data Friday and MercadoLibre’s Q4 results next month.