MeridianLink shares plunge as secondary offering triggers investor concerns

MeridianLink shares plunge as secondary offering triggers investor concerns

In a startling move that sent shockwaves through the stock market, MeridianLink, a leading software provider for financial institutions, saw its shares plummet by 5% following the announcement of a secondary public offering. Investors reacted swiftly to the news that 6 million shares would be sold by existing stakeholders, particularly funds managed by private equity […]