New York, Jan 22, 2026, 18:27 (EST) — After-hours
- MercadoLibre surged in after-hours trading as U.S. stocks pushed higher, buoyed by tariff relief and robust economic data
- According to a new 13F filing, Northcape Capital increased its position in MercadoLibre in the fourth quarter
- Traders are focusing on comments from the late-January conference and a preliminary earnings report expected in late February
Shares of MercadoLibre, Inc. surged 4.7% in after-hours trading Thursday, finishing at $2,153.75. The stock swung between $2,079.85 and $2,162.82 throughout the session. About 872,827 shares changed hands, per the data.
The rally came after a second straight day of gains on Wall Street, spurred by President Donald Trump stepping back from tariff threats against European allies and solid U.S. economic data. “You do not know whether it is Christmas morning or Friday the 13th,” said Gregg Abella, CEO at Investment Partners Asset Management, summing up the market’s volatile, headline-driven moves. Reuters
MercadoLibre’s stock frequently moves with changes in risk appetite. A new 13F filing reveals that Northcape Capital Pty Ltd boosted its holdings to 116,848 shares as of Dec. 31, up from 79,986 at September’s end, according to SEC data. SEC
Shares of other major e-commerce players moved higher as well. Amazon gained 1.3%, Sea rose 1.4%, and Alibaba’s U.S.-listed shares jumped 5.1%.
Fundamentals took a backseat this week, but investors stayed laser-focused on margins and currency swings. MercadoLibre’s Q3 net profit missed analysts’ estimates, weighed down by currency headwinds and weaker demand in Argentina. Profitability also took a hit from a lower free-shipping threshold in Brazil. Still, CFO Martin de los Santos told Reuters the company is already seeing returns on its Brazil investments. Net revenue jumped 39% to $7.4 billion, while gross merchandise value (GMV) rose 35% on a currency-neutral basis. Reuters
Thursday’s rally won’t erase the political risks just yet. A sudden change in tariff talks or interest rates could quickly drain funds from high-growth stocks. MercadoLibre’s earnings still face pressure from currency fluctuations and costs linked to incentives such as shipping subsidies.
The latest fund filing reflects positions as of Dec. 31, missing this week’s market swings. Holdings can change rapidly.
MercadoLibre is set for a fireside chat with Fernando Yunes on Jan. 27 during the UBS LatAm Conference in São Paulo. The company also plans to report its fourth-quarter earnings on Feb. 24, though that date remains tentative. investor.mercadolibre.com
