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Motley Fool
Is It Too Late to Buy MercadoLibre Stock?
In a challenging stock market environment, the second-quarter 2022 results of MercadoLibre (NASDAQ: MELI), the Latin American e-commerce and fintech giant, gave investors a rare occasion to cheer. Overall, MercadoLibre’s shares have surged by over 60% since their lows a couple of months ago. Seeing that price spike, many investors may be wondering if they missed a golden buying opportunity, and if it’s too late to take a position in MercadoLibre.
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