Marvell Technology stock falls on Tuesday due to profit-taking, but the long-term bullish trend and analyst buy ratings remain intact.

Marvell Technology joins the S&P 500 on June 22 after meeting GAAP profitability requirements, driven by AI chip demand. Shares rose nearly 6% on the news.

href=https://www.benzinga.com/quote/RMSG target=_blank>(NASDAQ: RMSG) lost 67.6% to $0.69 in pre-market trading. The company recently announced a 1-for-20 reverse stock split.The…