1 Artificial Intelligence (AI) Stock You May Want to Keep an Eye on Following Its Latest Pullback
MRVLMarvell Technology(MRVL) The Motley Fool·2024-03-17 18:40

Marvell Technology's (MRVL 1.20%) red-hot stock market rally came to a grinding halt following the release of the company's fiscal 2024 fourth-quarter results (for the three months ended Feb. 3, 2024) as its guidance turned out to be significantly below Wall Street's expectations. Shares of the company, whose chips are deployed in multiple end markets ranging from data centers and vehicles to routers and networking appliances, have been retreating since the report came out on March 7. That isn't surprising ...