Business Wire (Wed, 13-May 7:00 AM ET)
Sound Point Meridian Announces April 2026 NAV Estimate
TipRanks (Mon, 11-May 6:06 PM ET)
Sound Point Meridian Capital trades on the NYSE stock market under the symbol SPMC.
As of May 13, 2026, SPMC stock price declined to $11.11 with 26,123 million shares trading.
SPMC has a beta of 0.93, meaning it tends to be less sensitive to market movements. SPMC has a correlation of 0.10 to the broad based SPY ETF.
SPMC has a market cap of $0.00. This is considered a Sub-Micro Cap stock.
SPMC has underperformed the market in the last year with a return of -27.7%, while the SPY ETF gained +28.6%. In the last 3 month period, SPMC fell short of the market, returning +4.1%, while SPY returned +9.2%. However, in the most recent 2 weeks SPMC has outperformed the stock market by returning +12.0%, while SPY returned +4.3%.
SPMC support price is $11.08 and resistance is $11.66 (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 SPMC shares will trade within this expected range on the day.
