| 2024-10-04 | +1.62 % |
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| 2024-10-03 | +0.28 % |
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| 2024-10-02 | +2.46 % |
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| 2024-10-01 | -2.51 % |
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| 2024-09-30 | +1.59 % |
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| 2024-09-27 | -3.35 % |
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| 2024-09-25 | -0.03 % |
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| 2024-09-24 | -0.85 % |
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| 2024-09-23 | -2.79 % |
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| 2024-09-17 | -0.86 % |
- Marvell Technology's stock (MRVL) declined by 0.86% following the news that Director Tamer Ford sold 92,000 shares in a significant transaction, which may have raised questions about insider confidence and stock value despite no indicated issues with the company's performance.
- Marvell Technology (NASDAQ:MRVL) stock dropped by 0.86% following the Chief Financial Officer's sale of 1,500 shares, as such insider sales may raise concerns among investors about executive confidence, despite the company showing strong financial performance in Q2.
- Marvell Technology (MRVL) stock declined by 0.86% due to overall negativity in the semiconductor industry, stemming from headwinds such as potential trade restrictions, uncertainty regarding the U.S. election, and economic concerns, despite strong financial results from key players in the sector.
- Marvell Technology (MRVL) stock fell by 0.86% partly due to the recent insider sale by Executive Vice President Chris Koopmans, which may have raised concerns about executive confidence despite the company's overall positive financial outlook and strong performance in the semiconductor and AI sectors.
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| 2024-09-16 | -1.45 % |
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| 2024-09-06 | -5.28 % |
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| 2024-09-04 | +1.21 % |
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| 2024-08-30 | +9.16 % |
- Marvell Technology (MRVL) stock surged 9.16% due to the company forecasting quarterly results above estimates, amidst overall positive economic data that raised expectations for a modest Federal Reserve interest rate cut.
- Marvell Technology (MRVL) stock rose by 9.16% following Citi's maintenance of a Buy rating and a $91 price target, supported by the company's strong earnings performance, positive outlooks on AI investments, and anticipated growth in various markets, including a notable recovery in the data center sector.
The stock increase is attributed to Marvell's positive financial results, its strategic positioning in the growing AI market, and optimism surrounding upcoming presentations at the Citi Technology Conference.
- Marvell Technology (MRVL) stock rose nearly 9.16% following better-than-expected quarterly sales results, driven by strong demand for AI-related equipment, as the company anticipates continued growth in its enterprise networking and data center markets.
- Marvell Technology's stock surged 9.2% following strong quarterly results that met Wall Street's sales and profit expectations, contributing to a broader rise in technology stocks driven by encouraging economic reports on inflation and consumer spending.
- Marvell Technology Inc. (MRVL) stock surged by 9.16% following the company’s earnings report, which met expectations and exceeded revenue forecasts, driven by strong demand for AI chips and an optimistic outlook for future growth.
The stock's increase is attributed to better-than-expected revenue results, particularly in the data center segment where AI chip demand is strong, alongside a forward-looking guidance that anticipates continued sequential growth across all business segments.
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| 2024-08-02 | -6.04 % |
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| 2024-07-19 | -2.49 % |
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| 2024-07-18 | +0.4 % |
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| 2024-07-17 | -10.15 % |
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| 2024-07-16 | +2.72 % |
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| 2024-07-15 | +0.01 % |
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| 2024-07-09 | -1.43 % |
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| 2024-07-08 | +3.93 % |
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| 2024-07-05 | -0.17 % |
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| 2024-07-02 | +0.85 % |
- The article discusses how analyst Mark Lipacis of Evercore, who is currently the top-rated analyst by TipRanks, is recommending two chip stocks, including Marvell Technology (MRVL), which recently had a 0.85% increase in its stock price. MRVL stock went up due to Lipacis viewing the company as a rising player in the semiconductor chip industry with strong growth potential, focusing on its addressable market and alternative products to larger competitors, leading him to rate the stock as Outperform (Buy) with a price target of $91, suggesting a 28% upside in the next 12 months.
- The article discusses Marvell Technology (MRVL) stock and how it went up by 0.85% last night. The stock's increase is attributed to Goldman Sachs portfolio manager Brook Dane's bullish outlook on Marvell, highlighting the company's potential in supplying chips for data infrastructure and its opportunity in the ASIC chip market.
- Marvell Technology (MRVL) stock went up due to positive financial analyses reaffirming a Buy rating, highlighting strong performance in AI and data center segments, robust demand for electro-optical and custom compute products, and expectations of sales growth from upcoming product launches and major design wins with tech firms.
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| 2024-06-27 | +0.67 % |
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| 2024-06-25 | +0.72 % |
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| 2024-06-24 | -5.73 % |
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| 2024-06-21 | -1.84 % |
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| 2024-06-14 | +0.55 % |
- The article discusses how Marvell Technology Group Ltd. (MRVL) stock rose by 0.55% following positive remarks from Deutsche Bank, which highlighted the company's advancements in artificial intelligence (AI), strong demand for its electro-optical and custom compute products, and expectations of surpassing revenue targets, ultimately driving the stock's increase.
- The article discusses Marvell Technology's recent stock performance, noting a 0.55% increase last night, and evaluates the company's current valuation and growth potential, with profit expected to grow by 78% over the next year, suggesting a positive outlook that has likely already been factored into the current stock price. The stock is considered to be fairly valued at the moment, trading around its intrinsic value, and potential investors are advised to thoroughly evaluate the risks before investing in Marvell Technology. The increase in stock price can be attributed to the company's high beta and positive growth prospects.
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| 2024-06-13 | -0.67 % |
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| 2024-06-11 | +1.34 % |
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| 2024-06-10 | +2.18 % |
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| 2024-06-07 | -0.16 % |
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| 2024-06-05 | +5.15 % |
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| 2024-06-03 | -0.87 % |
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| 2024-05-31 | -10.46 % |
- Marvell Technology's stock fell after hours despite reporting solid earnings and revenue, with the decline attributed to alarming revenue declines in segments outside of booming AI chip demand, such as enterprise networking, carrier infrastructure, consumer, and automotive and industry chip sales.
- The article discusses how Marvell Technology (MRVL) stock experienced a 4.4% decrease in after-hours trading due to disappointing fiscal figures.
- Marvell Technology (MRVL) stock faced a significant decline of -10.46% following the company's first quarter fiscal year 2025 earnings report, despite positive performance in its Data Center segment and an optimistic outlook for AI revenue growth; the stock decline may be attributed to concerns over lower gross margins, especially due to the custom compute business ramp-up impacting margins, conservative growth forecasts for the Data Center segment, and existing networking supply constraints, leading investors to reassess their positions.
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| 2024-05-30 | +1.41 % |
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| 2024-05-22 | +0.52 % |
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| 2024-05-21 | -1.57 % |
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| 2024-05-17 | -1.59 % |
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| 2024-05-16 | +4.18 % |
- Article summary: Marvell Technology's Executive Vice President and Chief Operations Officer sold 5,000 shares of common stock, resulting in a total sale amount of approximately $342,849, with the shares sold at an average price of $68.57 each, leading to Marvell Technology's stock to go up by 4.18% last night.
The stock of Marvell Technology (MRVL) likely went up due to multiple factors such as executive stock movements, positive investor sentiment in the short term, expectations of net income growth, significant market capitalization, and insights into the company's financial health and growth prospects provided by InvestingPro.
- Marvell Technology (MRVL) stock went up by 4.18% after an insider transaction where the Chair of the Board, President, and CEO sold 30,000 shares of the company's stock, valued at $2.08 million, which was conducted in accordance with a pre-arranged trading plan, possibly indicating investors' interest in the company's potential profitability this year, strong short-term performance, and long-term strategic confidence despite revenue challenges.
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| 2024-05-15 | +3.13 % |
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| 2024-05-09 | -0.63 % |
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| 2024-05-08 | -0.83 % |
- The article discusses Marvell Technology (MRVL) stock, which was down -0.83% last night, and highlights that analysts have given varying ratings to the company, with some upgrading and others setting target prices and ratings. One of the reasons for the stock going down could be the company's recent earnings report, where they met earnings per share expectations but had a negative net margin, despite showing revenue growth compared to the previous year. Additionally, there were insider selling activities, and the company's recent dividend announcement could also influence stock performance.
The stock may have declined due to mixed analyst ratings, negative net margin despite revenue growth, insider selling activities, and dividend announcements.
- The article discusses how Marvell Technology (MRVL) stock experienced a -0.83% decrease, with key details including Amalgamated Bank reducing its stake in MRVL, various institutional investors modifying their holdings, and several analysts providing buy and hold ratings for the stock. The decrease in MRVL stock could be attributed to the selling of shares by key executives like EVP Chris Koopmans and CFO Willem A. Meintjes, along with the recent news on the company's financial results, indicating a marginal revenue increase.
- Summary: New York Life Investment Management LLC increased its holdings in Marvell Technology stock, with other institutional investors also adjusting their stakes; CEO and EVP sold shares recently; analysts have provided positive ratings; the stock price went down by 0.83%.
Reason for Stock Price Decline: The stock price of Marvell Technology (MRVL) might have gone down due to profit-taking by insiders like CEO and EVP, impacting investor sentiment, even with positive ratings and increased institutional holdings.
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| 2024-05-06 | +1.91 % |
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| 2024-05-01 | -3.17 % |
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| 2024-04-29 | -1.25 % |
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| 2024-04-26 | +3.17 % |
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| 2024-04-25 | +4.06 % |
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| 2024-04-24 | +1.55 % |
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| 2024-04-23 | +1.56 % |
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| 2024-04-22 | +1.21 % |
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| 2024-04-19 | -4.77 % |
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| 2024-04-16 | +0.59 % |
- Marvell Technology (MRVL) stock went up by 0.59% following insider transactions by its Chair of the Board, President, and CEO, Matthew J. Murphy, who sold a significant number of shares at an average price of $68.82, acquired shares through option exercises, and surrendered shares to cover tax obligations related to vested restricted stock units, all under a prearranged 10b5-1 trading plan, reflecting executive confidence and providing insights into the company's performance.
- The recent 0.59% increase in Marvell Technology (MRVL) stock followed EVP and Chief Operations Officer Chris Koopmans' sale of shares through a pre-arranged trading plan, as well as dispositions of restricted stock units for tax obligations, indicating mixed financial performance and investor confidence in the company despite revenue decline and lowered earnings expectations.
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| 2024-04-15 | -3.25 % |
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| 2024-04-12 | -1.92 % |
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| 2024-04-11 | +0.14 % |
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| 2024-04-10 | -2.6 % |
- The article discusses how Marvell Technology (MRVL) stock went down by -2.6% following the introduction of new AI chips from Intel (INTC), Google (GOOGL), and Marvell, indicating that other companies are emerging as competitors to Nvidia (NVDA) in the AI processor market, leading to a bearish trend in Marvell's stock.
- The article discusses various companies' advancements in artificial intelligence chips, including Marvell Technology (MRVL), which held an AI-focused event. Despite this positive news, Marvell Technology's stock price went down by 2.6% due to the market starting to price in the chance of no Fed rate cuts, affecting overall market sentiment.
- Marvell Technology (MRVL) hosted an artificial intelligence event where analysts anticipated insights on its custom AI chip customers, optics leadership, and competitiveness against Taiwan rivals, which could potentially position Marvell to claim a significant share in the custom AI chip market by 2027; despite that, the stock saw a -2.6% decrease possibly due to general market movements or profit-taking.
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| 2024-04-08 | -1 % |
- The article discusses how KeyBanc analyst adjusted the price target for Marvell Technology (MRVL) stock to $90 from $95 due to a delay in the design win for the next-generation Trainium at Amazon Web Services, as well as the impact of Nvidia's new server rack design on Marvell's business, causing the stock to go down by 1.0%.
- The article discusses KeyBanc analysts raising price targets for various chipmakers, including NVIDIA, Qualcomm, Monolithic Power Systems, Arm Holdings, and Micron Technology, while cutting Marvell Technology's target to $90 due to mixed quarterly supply chain findings in Asia, weaker iPhone demand in China offset by stronger demand in India, and other market uncertainties. Marvell Technology (MRVL) stock likely went down due to the lowered price target and the mixed supply chain findings as mentioned in the article.
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| 2024-04-05 | +2.5 % |
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