Stock Split Watch: Is MercadoLibre Next?
MercadoLibre (NASDAQ: MELI) has become notable for its stock price. One share now costs approximately $1,250 as of the time of this writing, making it one of the more expensive stocks in terms of nominal price.
While far from a record, many pricier U.S. stocks such as Alphabet and Amazon have each approved stock splits. With MercadoLibre frequently compared to Amazon, one might wonder whether the Latin American e-commerce conglomerate is next.
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Source Fool.com
