Big hit today. down 18% due to weak data center forecast. CEO Mathew Murphey says data center revenue will be flat in the third quarter on a sequential basis, but the fourth quarter will be "substantially stronger".
https://finance.yahoo.com/news/marvell-fore...
Marvell Technology
MRVL
NASDAQ
IPO2000
about MRVL
Marvell Technology is a leading global supplier of semiconductor solutions and AI-based technologies for data center, cloud, storage, and network infrastructure applications.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $63.98 | $64.59 | $62.47 | $55.26B | 25.79M |
eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
+$0.23 | n/a | 27.40 | 14.46% | 9.71% | 0.38% |