Mercado Libre shares fall nearly 10% after Lula's runoff victory in Brazil

FinanceInternationalLa NaciónOct 26, 2026, 4:54 AM35 s readAI summary

After Lula da Silva's victory over Flavio Bolsonaro in Brazil's runoff, Mercado Libre shares fall about 10% in Wall Street premarket trading, according to early reports. Nubank shares plunge more than 22% before the official market open and the real weakens against the dollar. Brazil is Mercado Libre's main market: in 2025 it accounted for 52.6% of the group's US$28.893 billion in billings.

In 35 seconds

Mercado Libre falls about 10% in premarket trading after Lula da Silva's win in Brazil's runoff.
Nubank plunges more than 22% before the official market open and the real weakens against the dollar.
In the first round, with Flavio Bolsonaro leading, MELI had risen 9.67% in the United States.

Read the full story at La Nación

IASummary generated by artificial intelligence from a story by La Nación. It may contain errors: the original source prevails.

Mercado Libre
Brasil
elecciones
Nubank
mercados

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Mercado Libre shares fall nearly 10% after Lula's runoff victory in Brazil

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