Marvell Technology (MRVL) Registers a Bigger Fall Than the Market: Important Facts to Note

In the latest trading session, Marvell Technology (MRVL) closed at $65.04, marking a -1.89% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq decreased by 0.92%.The chipmaker's stock has dropped by 5.45% in the past month, falling short of the Business Services sector's gain of 6.58% and the S&P 500's gain of 3.56%.Market participants will be closely following the financial r ...