Sound Point Meridian Capital (SPMC) closed at $6.93 on October 16, 2026, down 1.3% from the previous close, on volume of 28,902 shares (30-day average 24,854).
Data as of October 16, 2026.
No headlines found.
Business Wire (Wed, 12-Aug 7:00 AM ET)
Business Wire (Wed, 29-Jul 7:00 AM ET)
Sound Point Meridian Capital trades on the NYSE stock market under the symbol SPMC.
As of October 16, 2026, SPMC stock price declined to $6.93 with 28,902 million shares trading.
SPMC has a beta of 1.27, meaning it tends to be more sensitive to market movements. SPMC has a correlation of 0.13 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 price return of -41.7% while the SPY ETF gained +16.7%. SPMC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.3% and -16.4%, respectively, while the SPY returned +1.9% and -0.8%, respectively.
SPMC support price is $6.80 and resistance is $7.24 (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.