Marvell stock ticks higher after hours as CES CEO chat and Celestial AI deal stay in focus
Marvell shares rose 1.1% to $86.76 in after-hours trading Tuesday, outperforming chip ETFs as the S&P 500 and Nasdaq slipped after Fed minutes. Investors are focused on CEO Matt Murphy’s Jan. 6 CES appearance and the pending $3.25 billion Celestial AI acquisition, expected to close in early 2026.