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Shares of Marvell Technology Group Ltd.
MRVL are higher on the session by 10.44%, trading at $16.08.
Overall call volume is now running at 2.03x the daily average, with 40% of all calls traded being purchases on the offer. 48,760 contracts have traded on the session so far.
Marvell Technology Group Ltd. is a fabless semiconductor provider of application-specific standard products. The company develops complex system-on-a-chip devices using its technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing and embedded advanced RISC machine (
ARM)-based microprocessor integrated circuits.
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