Why is $MELI stock up today?

Mercado Libre, Inc · SERVICES-BUSINESS SERVICES, NEC

Why is $MELI up today?

The likely driver

Priced share offering

MERCADOLIBRE INC filed an 8-K: Other Material Event

SEC filing · Sep 14

The numbers behind the move

Short interest

7.5% of float

Days to cover

2.0d

Float

11.0M · Medium

Float rotation

0.1x

Dilution

Heavy

Insider buying

3 open-market

MELI: active share dilution on file, 3 open-market insider buys.

Price

$1,821

Move today

+1.7%

Volume vs avg

0.0x

Scanner alerts today

Flagged in 30 days

241

Market cap

$90.6B

Prev close

$1,791

Avg volume

454K

Today’s scanner timeline

3:42 PMUnusual volume (RVOL) alert
2:36 PMUnusual volume (RVOL) alert
1:45 PMUnusual volume (RVOL) alert
1:12 PMUnusual volume (RVOL) alert
12:41 PMUnusual volume (RVOL) alert
11:50 AMUnusual volume (RVOL) alert

Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged MELI today.

Earlier scanner activity on MELI

Sep 18Unusual volume (RVOL) alert
Sep 18Unusual volume (RVOL) alert
Sep 18Unusual volume (RVOL) alert
Sep 18Unusual volume (RVOL) alert
Sep 18Unusual volume (RVOL) alert
Sep 18Unusual volume (RVOL) alert
Sep 18Unusual volume (RVOL) alert
Sep 17Unusual volume (RVOL) alert
Sep 17Unusual volume (RVOL) alert
Sep 17Unusual volume (RVOL) alert
Sep 17Unusual volume (RVOL) alert
Sep 17Unusual volume (RVOL) alert

Prior sessions in the last 30 days. A name our scanner keeps flagging is behaving differently from the rest of the market, even on a quiet day.

Full $MELI page →Live chart Trending stocks

Other stocks moving today

$DSP +18.6%$ETS +18.2%$FNUC +17.5%$CYPH +17.3%$KXIN -17.1%$SION -17.0%$VEEA -16.5%$KRRO -15.1%

Each opens that stock’s own why-is-it-moving page.

Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.