Marvell Technology Surges Nearly 12% Pre-Market on Google Warrant Issuance Tied to Custom Chip Deal
According to reports, Marvell Technology entered into a binding agreement with Google on July 29 to jointly develop custom semiconductor products, and on August 18 issued warrants to…
According to reports, Marvell Technology entered into a binding agreement with Google on July 29 to jointly develop custom semiconductor products, and on August 18 issued warrants to Google granting it the right to purchase up to 58.97 million shares at $206.58 per share. Boosted by this news, Marvell Technology's U.S. pre-market shares rose nearly 12%.
Original: https://wallstreetcn.com/articles/3779817
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