Yahoo · Oct 31, 2026
MercadoLibre Sinks 10% in a Week After Lula’s Surprise Win, With Earnings Up Next
Key TakeawaysMercadoLibre stock fell 10% in a week, mostly on Monday, after Lula’s surprise win in Brazil’s runoff sank Brazilian stocks, Nu Holdings among them. The worry is currency risk: a weaker real shrinks what MercadoLibre’s Brazilian sales are worth in dollars.

