Marvell Technology Group (MRVL) led declines among mega-cap stocks on Monday, falling 3.59% to $229.46, while Freedom (FRHC) dropped 7.88% as part of a broader retreat in large-cap equities.
The declines came as multiple market cap segments saw notable moves. In the large-cap category, Tempus AI (TEM) and Futu Holdings (FUTU) also posted losses of 7.83% and 6.65%, respectively. Mid-cap stocks saw steeper declines, with MUU (MUU) down 10.78%, Pony Ai Inc (PONY) falling 8.38%, and Fervo Energy Co Ltd (FRVO) dropping 7.39%.
Small-cap stocks experienced the sharpest declines, with Regenxbio Inc (RGNX) down 23.13%, TMS International Corp (TMS) falling 15.12%, and Aiai Holdings Corp (AIAI) dropping 18.2%. Conversely, Alvotech (ALVO) surged 17.83% following a Buy rating initiation from BofA, while ASTX NYSE (ASTX) jumped 43.93%.
