- Blend Labs Inc is trading 5.4% down at $1.68 today, despite announcing an expanded partnership with MeridianLink.
- The company has broadened its integration with MeridianLink Mortgage and MeridianLink Consumer and DecisionLender, encompassing mortgage, home equity, and a full suite of consumer lending products.
- This follows a period of increased insider ownership, with Haveli and Brian Sheth boosting their beneficial ownership to approximately 64.2 million shares as of a June 13, 2026, Schedule 13D/A filing.
- The current pullback is occurring amidst general market pressures, with no other direct company-specific negative catalysts reported today.