Janus Henderson Investors' Forty Fund disclosed that MercadoLibre's increased investment in logistics, advertising, and technology pressured operating margins and profitability, disappointing investors, yet the fund maintained its position. The fund returned 19.00% in the second quarter of 2026, outperforming the Russell 1000 Growth Index's 16.74% gain. MercadoLibre shares closed at approximately $1,877.95 on July 31, 2026, with a market capitalization of about $95.542 billion. The fund stated it remains constructive on the company's efforts to expand its competitive footprint in Latin America.
MercadoLibre Inc.Increased investment pressured margins and profitability, disappointing investors.
Janus Henderson Group PLC