Why a Stock moved Down Today -6.41%: $MRDN Meridian Holdings fell to $5.84 from a $6.24 close, extending the selloff after a third-quarter report in which the

Why a Stock moved Down Today -6.41%: $MRDN Meridian Holdings fell to $5.84 from a $6.24 close, extending the selloff after a third-quarter report in which the GAAP loss was $1.05 a share, far below consensus. Revenue also missed estimates, $11.5 million in non-cash impairment charges weighed on res…