Marvell Technology Inc (NASDAQ: MRVL) stock closed at $118.15 on 12/4/24 after a major increase of 23.2%. Moreover, trading volume in this advance was exceptionally high at 523% of normal. The stock has risen 28.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Marvell Technology has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Marvell Technology has a slightly negative Appreciation Score of 31 but a good Power Rating of 76, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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