E-commerce Firm MercadoLibre Shines | Investor's Business Daily

MercadoLibre (MELI), sometimes called the Amazon.com (AMZN) of Latin America, was a bright spot on a dismal day for the market. At one point MercadoLibre was up 1.4% and it closed roughly unchanged. Meanwhile the Dow Jones Industrial Average fell more than 1,000 points for the day. MercadoLibre was also the only company added to Sector Leaders, IBD’s most stringent…