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Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth
Source: CNBC
Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Marvell Technology shares fell 8% in premarket despite a Q2 revenue beat. The decline was driven by its fiscal 2028 outlook, which came in below investors’ expectations, outweighing the earnings upside.
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Overall Sentiment
mildly negative
Sentiment Score
-0.35
Ticker Sentiment
MRVL-0.55
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