MercadoLibre Falls to a Fresh 52-Week Low at $1,524
As seen on the 24/7 Wall St. homepage on November 5, 2026.
MercadoLibre just marked a new 52-week low at $1,524.43, 1.45% under the prior floor set in May and a full third below where it traded a year ago. Market cap is down to $76.1 billion.
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MercadoLibre's stock touched $1,524.43 on November 5, 2026, breaking below the prior 52-week floor set in May. Persistent selling pressure has carried through multiple attempted recoveries over the past year.
The new low sits 1.45% beneath the May floor, a small gap that matters because the stock failed to hold even that prior support. Each time a prior low gives way, it removes a floor buyers had previously defended, leaving the next level of support less defined.
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A period in the mid-$2,000s through early in the year gave way to a step-down that accelerated sharply and has not meaningfully reversed. The stock briefly bounced toward the $1,870s range before rolling over again, a sign that rallies have drawn sellers rather than sustained new buying.
At a market cap of $76.1 billion, MercadoLibre remains a large-cap name, but that figure has shrunk considerably alongside the share price decline. Investors will want to watch whether the stock can reclaim the May low as a base or whether this break confirms a new, lower trading range.
Sources
Mentioned: MELI