Marvell stock edges higher after FTC clears Celestial AI deal — what traders watch next
Marvell Technology shares rose 0.5% to $82.95 Thursday after the FTC granted early termination for its $3.25 billion Celestial AI acquisition. The approval removes a key regulatory barrier ahead of the planned first-quarter 2026 closing. Investors await updates on the deal’s timeline, integration, and share-related disclosures.