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Bytes Europe

Why Marvell Technology (MRVL) Dipped More Than Broader Market Today byteseu.com/904645/ #MarvellTechnology #Technology #TechnologySector #ZacksRank

Bytes Europe · Why Marvell Technology (MRVL) Dipped More Than Broader Market TodayIn the latest trading session, Marvell Technology (MRVL) closed at $50.03, marking a -1.9% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.57%. Meanwhile, the Dow experienced a drop of 0.84%, and the technology-dominated Nasdaq saw a decrease of 2.15%. Coming into today, shares of the chipmaker had lost 22.34% in the past month. In that same time, the Computer and Technology sector lost 16.01%, while the S&P 500 lost 12.16%. The investment community will be closely monitoring the performance of Marvell Technology in its forthcoming earnings report. The company is
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