Why Marvell Stock Popped Today
The artificial intelligence (AI) chipmaker is being added to a well-known index.
Why Marvell Stock Popped Today
Overview
Shares of Marvell Technology (NASDAQ: MRVL) leaped on Monday, following news that the semiconductor leader is set to join the S&P 500 (SNPINDEX: ^GSPC).
Image source: Getty Images.
Marvell and electronics manufacturing services provider Flex will replace soup maker Campbell's and swimming pool equipment distributor Pool Corp in the S&P 500 index on June 22.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
