MercadoLibre stock heads into the open after a 1.3 percent drop
Published on 09/24/2026 at 07:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MercadoLibre stock closed at USD 1,802.37 on the Nasdaq on September 23, 2026, down 1.3 percent from the prior session. The shares underperformed the Nasdaq Composite, which fell 1.13 percent to 26,936.04 on the same date. As MarketBeat reported on September 23, 2026, New Street Research started coverage with a buy rating and a USD 2,450 price target.
September 23, 2026 in numbers
MercadoLibre, Inc. (ISIN US58733R1023, Nasdaq: MELI) traded USD 24.21 below the previous close during the September 23 session. MarketBeat reported volume of 39,700 shares, compared with an average volume of 533,533 shares. The reported target of USD 2,450 was 35.93 percent above the previous close cited in the analyst report.
Today and the next session
US markets have scheduled economic releases on September 24, 2026, including weekly initial jobless claims at 8:30 a.m. ET and August new-home sales at 10:00 a.m. ET, according to SVMUU. These data points can affect the broader US equity market in which MercadoLibre trades. The company-specific analyst update from September 23 remains the latest dated stock-related item in this recap.
