$1000 Invested In MercadoLibre 15 Years Ago Would Be Worth This Much Today

Benzinga Real-time News · 01/31 23:06

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 18.91% on an annualized basis producing an average annual return of 26.55%. Currently, MercadoLibre has a market capitalization of $58.45 billion. Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $32,023.99 today based on a price of $1162.16 for MELI at the time of writing.MercadoLibre's Performance Over Last 15 YearsFinally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a

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