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Meridian Equity Fund Trails S&P 500 in Q2, Spotlights MGM Buyout Offer

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Meridian Hedged Equity Fund released its Q2 2026 letter, reporting a 4.50% gain versus the S&P 500's 15.20% return.
  • The letter highlighted MGM Resorts International, citing strong demand in Las Vegas and Macau alongside a $48.30 per share acquisition proposal from People Incorporated.
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US500 price history

7656.98 +14.20% over the displayed period

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