Marvel Tech Falls 1%; Disappointing Forecast Overshadows Better-Than-Expecetd Q2 Results

Tech Trader Daily
By Johanna BennettAug 21, 2014, 5:06 pm109 pts
Marvell Technology Group (MRVL) fell 1% to $13.45 after better-than-expected second-quarter earnings and rising revenue unveiled after Thursday’s closing bell were overshadowed by disappointing financial forecasts for the current quarter. Marvell specializes in microprocessor architecture and digital-signal…

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