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Jim Cramer Cheered Marvell's $12 Billion Google Deal but the Stock Just Fell Nearly 10%
Source: 247wallst.com
Corporate EarningsAnalyst InsightsCompany Fundamentals
Marvell drew attention for a “blockbuster” Google deal highlighted by Jim Cramer, but the stock fell nearly 10% after the earnings call revealed a negative detail not captured in the headline. The immediate reaction implies investors repriced Marvell’s near-term outlook following the earnings update, despite the positive narrative around the customer win.
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