Shares of Marvell Technology, Inc. (MRVL) gained over 13% on Monday morning after S&P Dow Jones Indices announced the company will join the S&P 500 Index effective before the market opens on June 22, 2026.
The stock is currently trading at $298.84, up $35.37 or 13.42%, on the Nasdaq. It opened at $288.69 after closing the previous session at $263.47. The stock has traded between $61.44 and $324.20 over the past 52 weeks.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.