Stocks Down 10% or More: Humana, Marvell, and Amentum
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In Tuesday's trading, Humana (HUM) fell by 10.2%, Marvell Technology (MRVL) dropped by 10%, and Amentum Holdings (AMTM) decreased by 9.55%. The decline in Humana is linked to ongoing sell-offs in pharmacy benefit managers, while Marvell's drop is attributed to declining momentum in Broadcom. Amentum's revenue rose 3.7% year-over-year, but concerns over its government exposure and the impact of the incoming administration have led to investor sell-offs.
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