Marvell shares climb 11% with S&P 500 move, CFO swap and AI helping MRVL grab attention
Marvell Technology, Inc. jumped 11.13% to close at $280.71 on Thursday, the stock's biggest gain as chips rebounded from earlier selling in tech names. Shares opened at $260.54 and hit an intraday high of $282.32 with volume at about 56.68 million shares. After the bell, MRVL slipped back to $276.51.