MercadoLibre Inc

NASDAQ: MELI
$1,456.51
-$2.19 (-0.2%)
Closing price May 1, 2024
MercadoLibre Inc is a dynamic online marketplace giant based in Uruguay, providing a comprehensive suite of services that cater to both individual and business needs. It offers a robust platform, Mercado Libre Marketplace, for users to sell and buy goods digitally. Additionally, its Mercado Pago FinTech platform revolutionizes financial transactions by enabling easy online payments and money transfers. The company doesn't stop there; it also provides investment opportunities through Mercado Fondo, credit services via Mercado Credito, and efficient logistics solutions with Mercado Envios. Beyond e-commerce, it offers classified listings for vehicles, real estate, and services, alongside Mercado Ads for advertising and Mercado Shops for creating online stores.
Tuesday's top analyst upgrades, downgrades and initiations include Alkermes, Cisco Systems, Gap, Rackspace, SouFun and Verizon Communications.
Wednesday's top analyst upgrades and downgrades include Apple, Esperion Therapeutics, MercadoLibre, Oracle and Pandora Media.
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