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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $100 In This Stock 10 Years Ago, Here's How Much You Would Have Today

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 13.37% on an annualized basis.

Buying $100 In MELI: 10 years ago, an investor could have purchased 1.04 shares of MercadoLibre at the time with $100. This investment in MELI would have produced an average annual return of 25.06%. Currently, MercadoLibre has a market capitalization of $46.00 billion.

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