Marvell Technology Surges, Circle Internet Group Rises, Constellation Brands Little Changed After Target Cut
Stock Movers18 Jun 2025

Marvell Technology Surges, Circle Internet Group Rises, Constellation Brands Little Changed After Target Cut

On this episode of Stock Movers:
- Marvell Technology (MRVL) shares surge with analysts positive on the chipmaker following an event focused on AI. At the event, Marvell raised its overall data center total addressable market to $94 billion by 2028, up from $75 billion.
- Circle Internet Group (CRCL) shares rise after the US Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar.
- Constellation Brands (STZ) shares are little changed after Citi analyst Filippo Falorni cut the target on Constellation Brands Inc. Class A to $170 from $190.

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