Market Movers: Marvell Technology, Gap, Ciena, Rumble, Kavango Resources, and New Frontier Minerals Experience Stock Price Changes.
ByAinvest
Friday, Mar 6, 2026 2:32 pm ET1min read
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Marvell Technology Group Ltd. (MRVL) has been upgraded to "Buy" by Bank of America, with a price target raised to $110 from $90. Ciena Corporation (CIEN) rose 3.3% after a Bank of America upgrade to "Buy," citing strong demand from cloud data centers. Rumble Inc. (RUM) fell 15% after Q4 revenue declined YoY and missed estimates. Gap Inc. (GPS) shares fell 14% after Q4 results came in slightly below expectations. Kavango Resources PLC (KAV) rose 18% after raising $8.4 million through share subscriptions, while New Frontier Minerals Ltd. (NFM) fell 26% despite high-grade tungsten results from its Harts Range project.
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