New York, Jan 22, 2026, 18:27 (EST) — After-hours
- MercadoLibre climbed after hours, with U.S. stocks gaining ground on tariff relief and strong economic data
- Northcape Capital boosted its stake in MercadoLibre during the fourth quarter, according to a new 13F filing
- Traders are eyeing remarks from the late-January conference and a tentative earnings report set for late February
Shares of MercadoLibre, Inc. jumped 4.7% in after-hours trading on Thursday, closing at $2,153.75. During the session, the stock fluctuated between $2,079.85 and $2,162.82. Roughly 872,827 shares traded hands, according to available data.
The rally followed a second day of gains on Wall Street after President Donald Trump dropped tariff threats against European allies, while U.S. economic data showed strength. “You do not know whether it is Christmas morning or Friday the 13th,” said Gregg Abella, CEO at Investment Partners Asset Management, capturing the market’s unpredictable, headline-driven swings. (Reuters)
MercadoLibre’s daily action often hinges on shifts in risk appetite. A fresh 13F filing, which reveals U.S.-listed holdings by major money managers, showed Northcape Capital Pty Ltd increased its stake to 116,848 shares as of Dec. 31, up from 79,986 at the end of September, according to SEC data. (SEC)
Shares of other global e-commerce giants also climbed. Amazon added 1.3%, Sea was up 1.4%, while Alibaba’s U.S.-listed stock surged 5.1%.
Fundamentals have taken a backseat this week, but investors remain fixated on margins and currency swings. MercadoLibre’s third-quarter net profit fell short of analysts’ estimates, hit by currency headwinds and softer demand in Argentina. A lower free-shipping threshold in Brazil also squeezed profitability. Still, CFO Martin de los Santos told Reuters the company is already seeing returns from its Brazil investments. Net revenue climbed 39% to $7.4 billion, with gross merchandise value (GMV) up 35% on a currency-neutral basis. (Reuters)
Thursday’s rally doesn’t erase the political risks. A sudden shift in tariff discussions or interest rates could swiftly pull money out of high-growth stocks. MercadoLibre’s earnings remain vulnerable to currency swings and expenses tied to incentives like shipping subsidies.
The recent fund filing looks backward, reflecting positions as of Dec. 31—before this week’s market swings—and holdings can shift quickly.
Next on the calendar: MercadoLibre will hold a fireside chat with Fernando Yunes on Jan. 27 at the UBS LatAm Conference in São Paulo. The company has also penciled in Feb. 24 as the tentative date for its fourth-quarter earnings release. (Mercadolibre)
