Marvell Technology (NASDAQ:MRVL) Stock Price Down 4.4% on Analyst Downgrade
Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) shares were down 4.4% on Friday after Stifel Nicolaus lowered their price target on the stock from $130.00 to $115.00. Stifel Nicolaus currently has a buy rating on the stock.
Why Marvell Technology Stock Is Plummeting Today
The stock of Marvell Technology (NASDAQ: MRVL) is getting hit with big sell-offs on Thursday following the company's recent earnings report. Sell-offs for Marvell after earnings are also triggering valuation pullbacks for other artificial intelligence (AI) and semiconductor stocks.
Marvell Technology (NASDAQ:MRVL – Free Report) had its target price cut by Bank of America from $150.00 to $120.00 in a ...
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
We recently published a list of Top 10 AI Stocks Dominating the Market Right Now. In this article, we are going to take a ...
Shareholders in Marvell Technology, Inc. ( NASDAQ:MRVL ) had a terrible week, as shares crashed 23% to US$70.84 in ...
Marvell Technology's (MRVL.O), opens new tab shares closed down 19.8%, marking their worst day in more than two decades and weighing on rival chipmakers' stocks on Thursday, after an in-line ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell ...
Stocktwits on MSN4h
Navitas, Astera Labs, Broadcom, Rigetti, Marvell: Top 5 Chip Stocks With Highest Retail Buzz Last WeekNavitas Semiconductor Corp. witnessed a surge in message volume among retail investors on Stocktwits last week. One of the ...
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