Maravai LifeSciences (MRVI) Stock: Why The Price Jumped Up Today

By Amit Chowdhry ● Apr 7, 2022
  • The stock price of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) increased by over 9% during intraday trading today. This is why.

The stock price of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) increased by over 9% during intraday trading today. Investors are responding positively to a report that Maravai is considering a new buyout offer from Germany-based lab supplier company Sartorius AG.

In late February, it was reported that Sartorius offered $11 billion to buy out Maravai. But Maravai turned down the all-cash offer of $42 per share. The terms of the new buyout offer are currently unknown.

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