Fisher Funds Management Buys $59 Million in MercadoLibre Shares Amid 12% Stock Drop
Fisher Funds Management increased its stake in MercadoLibre by purchasing 30,716 shares valued at approximately $59.25 million in Q1 2026. The fund's position in MercadoLibre grew to $61.33 million by the end of the quarter, despite a 12% decline in the company's stock price over the past year. The move highlights continued investor confidence in the e-commerce platform despite recent market challenges.
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Topics: Fisher Funds Management MercadoLibre SEC Filing Stock Holdings