If You Invested $100 In This Stock 10 Years Ago, You Would Have $800 Today

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 12.44% on an annualized basis producing an average annual return of 23.07%. Currently, MercadoLibre has a market capitalization of $32.07 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 10 years ago, it would be worth $789.48 today based on a price of $636.56 for MELI at the time of writing.