MELI Stock Up 62.9% in a Year: Can E-commerce Strength Fuel Growth?
MercadoLibre (NASDAQ: MELI), the leading e-commerce platform in Latin America, has seen its stock jump 62.9% over the past year, outperforming the Zacks Internet-Commerce industry's return of 36%, the broader retail sector's rally of 30.3% and the S&P 500 index's gain of 31.1%.