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Marvell Heads for S&P 500 Inclusion on Friday With $264B Market Cap, Stock Up 5% Thursday

2026-06-05 10:01:18

MRVL4.85%

According to Jefferies and Stephens analysts, Marvell (MRVL), a semiconductor chipmaker, is widely expected to join the S&P 500 index in Friday's quarterly adjustment. As of Wednesday's close, Marvell's market cap stood at approximately $264 billion, far exceeding the second-ranked candidate Bloom Energy at $82 billion. The stock surged nearly 5% on Thursday, with year-to-date gains exceeding 200%. This marks the company's third bid for index inclusion after being passed over in two previous quarterly reviews despite meeting profitability and valuation criteria.

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