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"NEW YORK (TheStreet) -- Mercadolibre (Nasdaq:MELI) hit a new 52-week high Monday as it is currently trading at $88.41, above its previous 52-week high of $87.38 with 429,310 shares traded as of 2:16 p.m. ET. Average volume has been 636,400 shares over the past 30 days. "

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