Marvell Technology Group Ltd. said Tuesday it was granted an extension to Sept. 6, 2016 to regain compliance with the Nasdaq’s listing requirements. The extension follows a meeting with the Nasdaq hearings panel on April 14. The semiconductor company said it was looking to file its annual report for fiscal 2016, which is already late, “as soon as practicable.” The stock, which was still inactive in premarket trade, has run up 11% year to date, while the S&P 500 has gained 1.8%.
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