MARKETS

Mandiant stock rallies more than 20% after report of Google interest

Mandiant Inc.
MNDT,
+16.05%
shares rallied Monday and were halted following reports that the cybersecurity company is also in talks with Google parent Alphabet Inc.
GOOG,
-4.28%

GOOGL,
-4.19%
over a possible deal, raising the possibility of a bidding war. Mandiant shares rallied more than 20% after being paused at least once following a report from The Information of Alphabet’s interest. In early February, Bloomberg News said Microsoft Corp.
MSFT,
-3.78%
was talking to Mandiant over a possible deal, citing sources close to the matter, noting that discussions may not result in a deal.

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