Marvell Technology Group Ltd is trading 3.3% down at $258.02 in pre-market as the stock pulls back from a recent surge driven by AI enthusiasm and its upcoming S&P 500 inclusion.
- Shares are facing profit-taking pressure following a volatile stretch of gains linked to the benchmark index news.
- The decline aligns with a broader softening in tech futures as investors await the latest U.S. CPI inflation data.