Stocks and Investing Stocks and Investing
Thu, May 8, 2025
Wed, May 7, 2025
Tue, May 6, 2025
Mon, May 5, 2025
Sun, May 4, 2025
Sat, May 3, 2025
Fri, May 2, 2025

Marvell's stock is falling. Here's why investors are spooked.


//stocks-investing.news-articles.net/content/202 .. is-falling-here-s-why-investors-are-spooked.html
Published in Stocks and Investing on Wednesday, May 7th 2025 at 9:21 GMT by MarketWatch   Print publication without navigation

  • The semiconductor company just postponed its investor day, suggesting to one analyst that "there is not too much good news to share."

Marvell Technology Inc.'s stock experienced a significant decline of up to 10% on Friday, following the release of their fiscal fourth-quarter earnings report. Despite the company reporting a 50% year-over-year revenue increase to $1.42 billion and adjusted earnings per share of 60 cents, surpassing Wall Street's expectations, investors were spooked by Marvell's guidance for the current quarter. The company forecasted revenue between $1.30 billion and $1.40 billion, which was below the consensus estimate of $1.46 billion, and projected adjusted earnings per share between 45 and 53 cents, also falling short of the expected 53 cents. This disappointing outlook, particularly in the context of a challenging economic environment and concerns about a potential slowdown in demand for semiconductors, led to the sharp drop in Marvell's stock price.

Read the Full MarketWatch Article at:
[ https://www.marketwatch.com/story/marvells-stock-is-falling-heres-why-investors-are-spooked-24a58b06 ]

Publication Contributing Sources