Business

Here’s How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years – MercadoLibre (NASDAQ:MELI)

Here’s How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years – MercadoLibre (NASDAQ:MELI) #Heres #Owning #MercadoLibre #Stock #Years #MercadoLibre #NASDAQMELI Welcome to Americanah Blog, here is the new story we have for you today:

You Can Click Here To View Restricted Videos/Images in this Article

MercadoLibre MELI has outperformed the market over the past 15 years by 17.46% on an annualized basis producing an average annual return of 23.82%. Currently, MercadoLibre has a market capitalization of $45.84 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $2,391.40 today based on a price of $910.64 for MELI at the time of writing.

MercadoLibre’s Performance Over Last 15 Years

Finally — 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 period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Click Here To Continue Reading from Source

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button