Up 6,326% Since IPO, Is It Too Late to Buy MercadoLibre (NASDAQ:MELI)
Thu, Apr 25, 2024 1:07 PM

Up 6,326% Since IPO, Is It Too Late to Buy MercadoLibre (NASDAQ:MELI)

A Flip by Riya Sharma
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One of the most popular tech stocks in the last decade is MercadoLibre (NASDAQ:MELI), a Latin American company. MELI stock went public in August 2007. Since then, it has returned a staggering 6,326%, outpacing the broader markets by a wide margin. It means a $500 investment in MELI stock just after its IPO would be worth over $31,200 today.

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