Trading Strategies For Marvell Stock Post Q1 Print, A Top Holding In Spear Alpha ETF (SPRX) - Marvell Tech (NASDAQ:MRVL)
Marvell Technology(MRVL) Benzinga·2024-05-31 01:41
Marvell Technology, Inc MRVL was moving slightly higher on Thursday ahead of its first-quarter earnings print set to take place after the market closes.When Marvell printed its fourth-quarter earnings on March 7, the stock plunged over 11% the following day and entered into a steep downtrend, which brought the stock to a low of $63.46 on March 19.For that quarter, Marvell reported earnings per share of 46 cents, in line with the consensus estimate. The stock printed revenues of $1.427 billion, which exceede ...