Published on 18 Mar 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Meridian (NASDAQ:MRBK) are in the red if they invested a year ago
Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. Investors in Meridian Corporation (NASDAQ:MRBK) have tasted that bitter downside in the last year, as the share price dropped 29%. That falls noticeably short of the market return of around 31%. Zooming out, the stock is down 26% in the last three years. The falls have accelerated recently, with the share price down 29% in the last three months.
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
Check out our latest analysis for Meridian