Major U.S. indices ended Thursday higher, with the Dow Jones Industrial Average gaining 0.2% to 53,569.44, the S&P 500 rising 0.72% to 7,730.99 and the Nasdaq climbing 1.57% to 26,541.35.
These are the top stocks that gained the attention of retail traders and investors through the day:
Marvell Technology Inc. (NASDAQ:MRVL)
Marvell Technology’s stock declined by 1.49%, closing at $241.45. The stock reached an intraday high of $254.60 and a low of $240.38, with a 52-week range of $61.44 to $329.88. In the after-hours session, the stock fell 7.8% to $222.62.
Marvell reported second-quarter revenue of $2.74 billion and adjusted EPS of 94 cents, topping analyst estimates of $2.71 billion and 92 cents, respectively, with revenue up 37% year over year. The company issued stronger-than-expected third-quarter guidance, forecasting revenue of $3.15 billion and adjusted EPS of $1.10, though shares fell nearly 3% after hours.
