Movement Alert|GraniteShares 2x Long MRVL ETF Drops 9.17% in After-Hours Trading, Trading at $186.41

Market Focus
Jun 04

On June 3, GraniteShares 2x Long MRVL ETF (MVLL) declined 9.17% in after-hours trading, trading at $186.41/share, with trading volume of approximately $13.11 million. The pullback follows a period of extraordinary gains for the leveraged product, which had surged over 65% in the prior session as its underlying stock Marvell Technology rallied more than 32% after Nvidia CEO Jensen Huang publicly predicted the chipmaker would become the next trillion-dollar company at Computex 2026.

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