🔴 MRVL.BA is trading 2.83% down today on post-S&P 500 inclusion profit-taking and broader tech weakness

MRVL.BA is trading 2.83% down now at $29,540.00 following a sharp post-inclusion pullback and broader tech sector volatility.

• The stock has faced sell-the-news profit-taking and high valuation concerns since its recent S&P 500 debut.
• Broader weakness in the Nasdaq Composite and investor rotation out of expensive AI names are adding further downward pressure on the stock alongside its peers.