Marvell Gets Tariff Lifeline But Expect More Volatility

Marvell Technology TodayMRVLMarvell Technology$52.87 -8.09 (-13.27%) 52-Week Range$47.09▼$127.48Dividend Yield0.45%Price Target$120.44Add to WatchlistShares of Marvell Technology Inc. NASDAQ: MRVL spiked over 10% higher on April 9 after the Trump administration announced a 90-day pause on reciprocal tariffs. Additionally, the company announced it had sold its Automotive Ethernet business to Infineon Technologies AG OTC: IFNNY for $2.5 billion. However, the stock was back down by more than 7% on April 10 as ...