$100 Invested In MercadoLibre 10 Years In the past Would Be Price This A lot At this time – MercadoLibre (NASDAQ:MELI)

MercadoLibre MELI has outperformed the market over the previous 10 years by 21.59% on an annualized foundation producing a median annual return of 31.33%. Presently, MercadoLibre has a market capitalization of $108.49 billion.

Shopping for $100 In MELI: If an investor had purchased $100 of MELI inventory 10 years in the past, it will be price $1,563.70 in the present day based mostly on a value of $2139.92 for MELI on the time of writing.

MercadoLibre’s Efficiency Over Final 10 Years

Lastly — what is the level of all this? The important thing perception to take from this text is to notice how a lot of a distinction compounded returns could make in your money progress over a time frame.

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