MercadoLibre is a success story that shows inflation is not necessarily an obstacle to rising profits.
With the stock market plunging into bear market territory (down 20% from its all-time high) on May 20, investors may fear what's next. Shopify (NYSE: SHOP), Twilio (NYSE: TWLO), and MercadoLibre (NASDAQ: MELI) have sold off far beyond the major indexes but are still thriving businesses. Shopify's software allows businesses of all sizes to manage an e-commerce store.
Investors need to pay close attention to MercadoLibre (MELI) stock based on the movements in the options market lately.