What's Behind Marvell Technology Stock's Recent Surge?
For much of the year, Marvell Technology (NASDAQ: MRVL) stock has been struggling. And its year-to-date performance (as of Aug. 4) still isn't good: It's down 31%. But in the past three months, the stock has rallied by around 23%, as it's showing signs of life again.
Is it just the stock's low valuation that is enticing tech investors to take a chance on Marvell, or are there catalysts behind the recent rally, which could potentially help send its value even higher in the future?
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Source Fool.com
