Maravai Stock Dips Monday With Eyes on Major Event This Week
Maravai LifeSciences Holdings shares slipped 0.6% to $4.77 in early Monday trading. The stock is still up nearly 9% for the last five sessions and up about 47% this year. The Nasdaq-listed life sciences name has turned into a recovery play after seeing a steep post-COVID pullback. That’s important now as the rebound’s early gains could be over. Investors want to see if demand for Maravai’s main businesses stays solid after one good quarter and a recent share rally.