Merlin Stock Jumps 54% as Defense Contracts Fuel Bullish Outlook Despite $24M Loss

The post Merlin Stock Jumps 54% as Defense Contracts Fuel Bullish Outlook Despite $24M Loss appeared first on Coinpedia Fintech News

Merlin stock just delivered the kind of rally that get traders excited and skeptics reaching for the financial statements. Shares of Merlin, Inc. (NASDAQ: MRLN) surged 54% to $1.49 in after hours trading on November 12, following its third quarter 2026 earnings announcement. The headline numbers looked impressive. However, there’s considerably more to this story …