Characterize the news's sentiment using the following options.
Options: negative, positive

MercadoLibre, Inc (NASDAQ: MELI) was plummeting an additional 13% lower on Monday to reach a 52-week low, after having plunged over 10% between May 5 and the start of the trading day. On May 5, the Argentina-based e-commerce company, with a similar business model to Amazon, Inc (NASDAQ: AMZN),.
negative