Why Is It Moving? Looking At Marlin Business Services's Price Action Today

The Price And Volume Action In Marlin Business Services's Stock Today

Marlin Business Services's MRLN stock is trading up 52.73% to a price of $21.78. The stock's current volume for the day is 757.20 thousand, which is approximately 2090.32% of its previous 30-day average volume of 36.22 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Marlin Business Services shares are trading higher after the company enters into a definitive agreement to be acquired by funds managed by HPS Investment Partners for $23.50 per share in cash.

Perspective On Recent Price Action

The stock's 50-day moving average was $14.49 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $17.68 and fallen to a low of $5.5.

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