MercadoLibre Down Over 11%, On Track for Largest Percent Decrease Since November 2024 -- Data Talk

Dow Jones
May 08

MercadoLibre, Inc. (MELI) is currently at $1663.04, down $206.97 or 11.07%

 

--Would be lowest close since March 30, 2026, when it closed at $1619.20

--On pace for largest percent decrease since Nov. 7, 2024, when it fell 16.21%

--Snaps a three day winning streak

--Down 10.11% this week; worst weekly performance since the week ending Feb. 27, 2026, when it fell 11.98%

--Down 7.23% month-to-date

--Down 17.44% year-to-date

--Down 36.37% from its all-time closing high of $2613.63 on June 30, 2025

--Down 32.12% from 52 weeks ago (May 9, 2025), when it closed at $2450.00

--Down 36.37% from its 52-week closing high of $2613.63 on June 30, 2025

--Up 3.97% from its 52-week closing low of $1599.52 on March 27, 2026

--Traded as low as $1639.98; lowest intraday level since March 31, 2026, when it hit $1631.02

--Down 12.3% at today's intraday low; largest intraday percent decrease since Feb. 25, 2026, when it fell as much as 13.96%

--Worst performer in the Nasdaq 100 today

 

All data as of 10:34:50 AM ET

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 08, 2026 10:39 ET (14:39 GMT)

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