Nasdaq (Nasdaq:NDAQ) today announced that MercadoLibre, Inc. (Nasdaq:MELI), will become a component of the NASDAQ-100 Index® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Monday, June 19, 2017. MercadoLibre, Inc. will replace Yahoo! Inc. (Nasdaq:YHOO) which is being removed as a result of their conversion to a closed-end fund.
MercadoLibre, Inc. is headquartered in Buenos Aires, Argentina, and has a market capitalization of approximately $12.4 billion. For more information about the company, go to www.mercadolibre.com.
