Marvell Shares Plunge 9.8% as Qualcomm, Intel Slide 3.1% and 5.3%
MRVL•Marvell shares plunged 9.84% on July 2, underperforming Qualcomm’s 3.12% drop and Intel’s 5.25% decline. The steeper sell-off marked Marvell’s most severe one-day loss among major semiconductor peers.
1. Sharp Drop Among Semiconductor Peers
Marvell shares fell 9.84%, exceeding declines of 3.12% at Qualcomm and 5.25% at Intel, marking the steepest one-day loss among major chipmakers on July 2.
