$1000 Invested In Marvell Tech 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 5 years by 15.2% on an annualized basis, producing an average annual return of 24.77%. If an investor had bought $1000 of MRVL stock 5 years ago, it would be worth $2,968.21 today.
October 16, 2023 | 8:00 pm
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Marvell Tech's stock has shown strong performance over the past 5 years, outperforming the market by 15.2% on an annualized basis. An investment of $1000 in MRVL 5 years ago would be worth $2,968.21 today.
The article highlights the strong performance of Marvell Tech's stock over the past 5 years, which has outperformed the market by 15.2% on an annualized basis. This strong performance indicates a positive trend for the company's stock, which could potentially continue in the short term. Therefore, the impact on the stock is likely to be positive.
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IMPORTANCE 80
RELEVANCE 100