Exchange: NASDAQ·Updated 12:30 PM EDT

MRDN Meridian Holdings Inc.

$10.94
$0.1072
(0.99%)
Today
EarningsOct 29
Mkt Cap$137.34M
Vol5,423.00

About MRDN

Meridian Holdings, Inc. engages in offering casino, sportsbook, and competition products. It operates through the following segments: MeridianBet Group, GMAG, and RKings and Classics For a Cause (CFAC). The MeridianBet Group segment includes revenues from retail sports betting, retail casinos, online sports betting, online casinos, and bars. The GMAG segment focuses on resale of third-party gaming content in the Asia-Pacific region. The RKings and CFAC segment includes revenues from pay-to-enter prize competitions and trade promotions, conducted through RKings in the UK and Classics in Australia. The company was founded by Weiting Feng and Anthony Brian Goodman in 2001 and is headquartered in Las Vegas, NV.
37

Bearish Sentiment

How do you feel about MRDN?

MicroFocus
$MRDN With whole Americas being less than 5% of total revenue, increased the stake at today's stock discount!
4
focafoca99
$MRDN just launched its first live operations in Sweden under its new software provider license.
3
ryancox1
$MRDN this low volume drop is short term as the Brazil news is immaterial to company as they released. A good solid Q3 earnings despite the Brazil news will bring some volume back to buying side and should get us back closer to $14. Earnings due in about three weeks.
3
Larybaby1
$MRDN ... this same old low volume takedown us getting hard to stomach! For the life of me, I don't understand how volume here was much stronger when in the $13-$14.50 area, averaging about 70-100 million daily! Then we watch volume virtually disappear down to 25-30 million, the price erode to just shy of $11.00 and still, bargain hunters aren't all over this, especially with another expected solid quarterly coming due soon! Prior to the last quarterly release, these crooks dropped the price to around $10.75 before buyers flooded in and bought it back up to the $14 area over a few days. They've already stated that the Brazil 60 day gambling ban would have little effect as this was just a new emerging market. This drop is unwarranted considering they're still expected to exceed 50 million in quarterly revenues and over 200 million for 2026! This is overkill for no good reason!
3
Larybaby1
$MRDN ... at what point will this unjustified, low volume take down end? It makes it hard to absorb Goodman's sales with such low volume. I just don't understand what has changed in the last week or so of trading. Volume was averaging between 70-100K daily, then dropped to 25-35K... like ahead of the last quarterly, the price dropped for no reason. With the 3rd quarter numbers to be released near the end of October, things could remain stagnant here for a while yet unless bargain hunters start buying the dip.
3
Larybaby1
$MRDN ... with their 3 million dollar share buyback money, they should be eating up everything under $12.00!!!
2
DollarCostAverage
$MRDN Losing the Brazil market hurts. $6 million they paid for the license through 2029. I understand they called it immaterial, and if so, what have they been doing the last 2 years there… feels like we were sold a bill of goods on the entire Brazil strategy. What else are they gonna say though. Trying to stay optimistic but its another struggle just to get to the next earnings report that never quite gets us over the hurdle. We need a catalyst! Spend some cash and buy back some shares!
KimJ03
$MRDN Many of you are stucked in a shithole. Because you only play with 1 direction. You can only pray, even options are not liquid and you cant protect it. So many lessons you can learn. But many chose to continue in a shithole and refuse to learn. Then continue playing with shit
KimJ03
$MRDN Didnt i tell you so? The gap is there to be filled. Thats why its an easy short. Thank you Mr Market
KimJ03
$MRDN Brazil revenue flagged. Haha a few longer holders going to drown with this company. Woohoooo my short profits are expanding haha

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