MRVL--
QQQ--
SOXL--
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mrvl spy qqq soxs soxl spx valuation demand buying power
$MRVL $SPY $QQQ $SOXS $SOXL With $MRVL now in the S&P 500, over 15% of its shares must be bought by funds. This requires $35 billion of buying power from the $240 billion market cap. This level of demand is rare today. It will likely gap up to $300+ soon. Marvell has a nearly 100% public free float. There's no major insider or founder block limiting it. Since its entire valuation is fully liquid and on the open market, index managers are forced to buy, pushing its value to its limit.
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