MRDN Stock Summary and Trading Ideas (Meridian Holdings | NASDAQ:MRDN)

Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.

Meridian Holdings trades on the NASDAQ stock market under the symbol MRDN.

As of June 26, 2026, MRDN stock price climbed to $13.29 with 163,365 million shares trading.

MRDN has a beta of 1.57, meaning it tends to be more sensitive to market movements. MRDN has a correlation of 0.04 to the broad based SPY ETF.

MRDN has a market cap of $168.15 million. This is considered a Micro Cap stock.

Last quarter Meridian Holdings reported $50 million in Revenue and $.18 earnings per share. This fell short of revenue expectation by $-20,320 and exceeded earnings estimates by $.17.

The top ETF exchange traded funds that MRDN belongs to (by Net Assets): VXF, IWM, VTWO, IWC, SQLV.

MRDN support price is $11.46 and resistance is $13.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRDN shares will trade within this expected range on the day.