Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

YOU WONT BELIEVE: Marvell technology s unusual put option activity shows investors like mrvl stock | Mind Blowing Facts

Today, large, unusual activity in Marvell Technology Inc (MRVL) put options traded at an out-of-the-money (OTM) strike price. This implies that investors are bullish on MRVL stock. Moreover, its strong free cash flow (FCF) implies that MRVL stock could be worth 32% more at $75 per share.

MRVL is at $57.00 in morning trading on Wednesday, April 30. That is well off its 6-month high of $126.06 on Jan. 23, but up from a low of $49.43 on April 4. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.