Marvell Technology (NasdaqGS:MRVL) Sees Increased Q4 Sales US$1.82B and Swings to US$200M Profit
Marvell Technology (NasdaqGS:MRVL) experienced a 5% decline in its share price last week, following the announcement of its latest earnings report and future guidance. Despite turning a net income from a year-ago loss for the fourth quarter, the company's guidance for the coming quarter fell short of high market expectations, which may have led to the sell-off. Furthermore, broader market conditions also contributed to the decline, as tech stocks led a general sell-off spurred by tariff...