Merlin shares drop 11% ahead of June AI flight test
Merlin Inc dropped 10.81% to $7.18 on Monday ahead of Tuesday’s U.S. session. The autonomous-flight company said after markets closed that management will take part in three industry conferences in June. First up is the Jefferies Defense Tech Summit on June 4. Executives plan to hold one-on-one meetings and present at these events. U.S. stocks trade as usual on Tuesday. The Nasdaq opens at 9:30 a.m. and closes at 4 p.m. ET, with premarket starting at 4 a.m. Next full market holidays on Nasdaq’s 2026 schedule are May 25 and June 19.