Why Marvell Stock Rallied Today
The chipmaker announced plans to unveil next-generation technology at an upcoming tech conference.
Overview
Shares of Marvell Technology (NASDAQ: MRVL) gained ground on Monday, jumping as much as 6.1%. As of 2:37 p.m. ET, the stock was still up 6%.
The catalyst that sent the semiconductor and infrastructure specialist higher was an upcoming demonstration of its next-gen technology.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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