Marvell shares climb 11% with S&P 500 move, CFO swap and AI helping MRVL grab attention
Marvell Technology soared 11.13% to $280.71 after naming Dan Durn as CFO and reaffirming its Q2 2027 outlook, with investors focused on its upcoming S&P 500 inclusion and surging AI data-center revenue, which drove record Q1 results and 28% year-over-year growth.