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Marvell (MRVL) Stock Jumps 21.9%: Will It Continue to Soar?
MRVLMarvell Technology(MRVL) ZACKS·2025-04-10 13:45

Marvell Technology (MRVL) shares rallied 21.9% in the last trading session to close at $60.96. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 25.5% loss over the past four weeksThe upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This chipma ...