MercadoLibre Stock Price Forecast – NASDAQ:MELI Stock Drops 6.7% to $2,179 – Can E-Commerce & Fintech Momentum Overcome Margin Pressures?
NASDAQ:MELI Market Performance Under Pressure
MercadoLibre (NASDAQ:MELI) shares tumbled 6.7% to $2,179.00, erasing nearly $7 billion in market capitalization in a single session. The decline came after weeks of strong gains that had pushed the stock near its 52-week high of $2,645.22. Trading volume surged to 945,209 shares, almost triple the three-month average of 354,441, underscoring heightened investor anxiety. Despite the selloff, MELI retains a commanding $116.8 billion market cap, cementing its position as Latin America’s most valuable e-commerce and fintech platform.
Earnings Momentum and Revenue Expansion
MELI’s financial performance remains exceptional. Q2 2025 revenue reached $6.79 billion, up 33.8% year over year, even…
