Why One Brazil Fund Opened an $11 Million Position in MercadoLibre Despite a Steep One-Year Stock Drop
On May 11, 2026, Brazil-based Investidor Profissional Gestao de Recursos disclosed a new position in MercadoLibre (MELI 1.64%), buying 5,881 shares in a trade estimated at $11.34 million based on quarterly average pricing. What happened According to a SEC …