MELI is in the Consumer Cyclical sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.
MELI is in the Internet Retail industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.
Over the past 52 weeks, MercadoLibre, Inc. Common Stock (MELI) has traded between a low of $1,495.00 and a high of $2,548.50.
MELI is in the Retail - Cyclical industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.
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Earnings reports, product launches, economic data, sector performance, and broad market conditions all influence the price movement of MercadoLibre stock.
No. Kraken makes it easy to buy fractional shares of MercadoLibre, meaning you do not need to purchase a full share in order to add MercadoLibre to your portfolio.
