MercadoLibre Stock Split: Will MELI Investors See Wishes Come True Today?


  • MercadoLibre (MELI) stock is a hot topic on split hopes.
  • That could be announced after markets close today.
  • Investors are awaiting the news as the shares have never split before.
MELI Stock - MercadoLibre Stock Split: Will MELI Investors See Wishes Come True Today?

Source: rafapress /

MercadoLibre (NASDAQ:MELI) stock is a hot topic on Thursday as investors are hoping the Latin America e-commerce company will announce a stock split after markets close today.

One reason traders are hoping for a stock split from MercadoLibre is that the company’s shares have never undergone one before. Adding to that is the increasing price of the stock, which was trading for about $1,479 as of this writing.

MercadoLibre has been on the public market for years, having made its debut back in 2007. During that time, the stock’s price surged, with a more than 5,000% increase since then.

Some investors are, therefore, hopeful that a MELI stock split will be announced soon. The reason investors are pinning hopes on after markets close today is due to earnings. The company will report its Q1 2024 earnings results after the closing bell.

What to Expect From MELI Today

The stock’s movement will largely be affected by its earnings report. Wall Street is predicting EPS of $6.03 alongside revenue of $3.85 billion. Shares could also rise or fall depending on any split announcement, or lack thereof.

MELI stock is up 1.6% as of Thursday afternoon. The shares are down 3.2% since the start of the year.

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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.

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