Fund Makes $16.7 Million Investment in MercadoLibre Despite Stock Decline
Moneda S.A., an investment fund, increased its stake in MercadoLibre by purchasing 8,653 shares for approximately $16.69 million as of May 15, 2026. The stock has dropped 35% over the past year despite strong financials and a dominant position in Latin America's e-commerce market.
Tickers: $MELI
Topics: 13F_filing portfolio_update stock_purchase