Marvell Technology (MRVL) Falls More Steeply Than Broader Market: What Investors Need to Know

Marvell Technology (MRVL) closed at $67.70 in the latest trading session, marking a -1.64% move from the prior day. This move lagged the S&P 500's daily loss of 1.61%. Meanwhile, the Dow experienced a drop of 0.82%, and the technology-dominated Nasdaq saw a decrease of 2.23%.The chipmaker's shares have seen an increase of 18.33% over the last month, surpassing the Business Services sector's gain of 1.82% and the S&P 500's gain of 3.28%.The investment community will be closely monitoring the performance of M ...