This Is What Whales Are Betting On Marvell Tech
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Marvell Tech (NASDAQ:MRVL), with 23 uncommon options trades spotted, split between 56% bullish and 43% bearish. The whales have been targeting a price range from $25.0 to $70.0 for Marvell Tech over the last 3 months. The price of MRVL is currently down -3.67% at $63.22. Several experts have maintained their positive ratings on Marvell Tech, with price targets ranging from $65 to $80.
July 20, 2023 | 8:31 pm
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A large investor has taken a bullish stance on Marvell Tech, with 23 uncommon options trades spotted. The price of MRVL is currently down -3.67% at $63.22. Several experts have maintained their positive ratings on Marvell Tech, with price targets ranging from $65 to $80.
The news of a large investor taking a bullish stance on Marvell Tech, combined with positive ratings from experts, could potentially drive the stock price up in the short term. However, the current price is down, indicating some market volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100