This is a very drastic reversal, but for a counter like MRVL, not surprising. If you pause and take a higher view, MRVL's meteoric rise in price of shares should logically see a correction.
Underlying matter for investors to consider is what is the future of the company. For what they are producing, it can only mean greater price increases.
Look at the reason why Microsoft and Apple's shares tanked last night. Price increases for their products due to higher costs of chips.
Wouldn't this also mean that producers of chips and those in the forefront of AI be gaining correspondingly?
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