Why Marvell Technology Stock Is Rocketing Higher Today
There's growing optimism that the company will report strong Q2 2027 financial results this week.
Overview
Bouncing back from the 3.3% slide it experienced from the end of trading on Friday through the close of yesterday's market session, Marvell Technology (NASDAQ: MRVL) stock is rising today. With two firms boosting their price targets, investors are clearly motivated to load up on shares of the artificial intelligence (AI) infrastructure company.
As of 11:54 a.m. ET, shares of Marvell are up 5.7%.
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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.