MercadoLibre and Netflix shares lag the broader market by 11% and 21% year-to-date after weak quarterly results.
MercadoLibre (MELI) and Netflix (NFLX) underperform the S&P 500 in 2026, declining 11% and 21% respectively, as earnings fail to meet investor expectations. The S&P 500 has risen by double digits this year, highlighting the gap.
Netflix stock fell 38% over the past year, including a 9% drop following its second-quarter update in July. While revenue grew 18% in Q4 2025, its strongest gain in over four years, recent quarters have disappointed. MercadoLibre also slid after its latest results, extending its underperformance.
Both companies remain growth leaders in their sectors, but investor sentiment has soured amid broader market strength. No immediate rebound is signaled in recent trading.