MercadoLibre shares jump 6.0% after Brazil election results
Flávio Bolsonaro's first-round lead lifts the stock, with Brazil generating nearly 55% of revenue.
Shares of 
MercadoLibre rose 6.0% on Wall Street by 10:32 Buenos Aires time on Monday, October 5, 2026. The gain followed the first round of the presidential election in Brazil, the company's largest market.
The e-commerce and fintech company, originally founded in Argentina, generates nearly 55% of its total revenue in Brazil. Investors responded to the market-friendly tilt indicated by the voting results.
In the election held on Sunday, October 4, 2026, conservative candidate Flávio Bolsonaro led with 47.03% of the valid vote. Incumbent President Luiz Inácio Lula da Silva secured 45.16%, sending both contenders to a runoff.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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