MercadoLibre stock drops 2% to start 2026 as rates and jobs data loom

MercadoLibre stock drops 2% to start 2026 as rates and jobs data loom

NEW YORK, January 3, 2026, 05:28 ET — Market closed.

MercadoLibre shares closed down 2.0% at $1,973.70 on Friday, a $40.62 drop on the day as the Nasdaq-listed Latin American e-commerce and payments company lagged the broader market.

The move matters because MercadoLibre is a high-growth name whose valuation tends to swing with shifts in risk appetite and interest-rate expectations, especially at the start of a new year.

Friday’s slide also put the stock back below the $2,000 level, a round-number marker traders often watch as sentiment resets after year-end positioning.

U.S. stocks started 2026 on a mixed note, with the Dow and S&P 500 ending higher and the Nasdaq edging lower as gains in chipmakers contrasted with declines in some heavyweight tech and consumer names. Joe Mazzola, head of trading and derivatives strategy at Charles Schwab, said investors were “more conscious” about valuations for “AI plays” — stocks tied to artificial intelligence spending. Reuters

Treasury yields and the U.S. dollar firmed as the year opened, a combination that can tighten financial conditions and weigh on rate-sensitive growth stocks and emerging-market-linked equities. Reuters

MercadoLibre operates an online marketplace business and Mercado Pago, its fintech platform for payments and other financial services across Latin America. SEC

For investors, the key question remains whether the company can keep commerce and payments growth humming while protecting margins and managing credit risk as it expands lending inside Mercado Pago.

Leadership is another watchpoint. A May 2025 filing said founder Marcos Galperin would move to executive chairman effective Jan. 1, 2026, with Ariel Szarfsztejn set to become chief executive. SEC

Before next session:

The first full trading week of 2026 brings a heavy dose of macro data. Reuters reported the monthly U.S. jobs report is due Jan. 9, with markets using labor-market strength or weakness to gauge how much room the Federal Reserve has to cut rates further. Reuters

Inflation is next. The U.S. Bureau of Labor Statistics schedule shows the Consumer Price Index for December 2025 is due on Tuesday, Jan. 13 at 8:30 a.m. ET. Bureau of Labor Statistics

On the company calendar, MercadoLibre lists Feb. 24, 2026 as a provisional date for its Q4 2025 results, giving investors a near-term checkpoint on growth, margins and credit trends. Mercado Libre | Investor Relations

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