MELI is trading 4.0% down today at $1542.36 amid a broad risk-off session and tech-led weakness.
- Major U.S. indices are down approximately 1%, and there is no fresh, company-specific news explaining the outsized move in MercadoLibre.
- The stock continues to slide following sharp declines since May 8, moving in line with broader market and sector sentiment rather than fundamental changes.