MRVL Stock: Moment of Truth
Marvell Technology Group Ltd. (NASDAQ:MRVL) just reported an exceptional fiscal third-quarter earnings report, where it beat on both the top and bottom lines, and guided higher for the next quarter. It even threw in a $1.0-billion share repurchase program as an added bonus to an already exceptional earnings report. As a result MRVL stock is up 8.53% in after-hours trading.
If all this was not enough, Marvell stock has the potential to complete a large technical pattern that could add another 40% in.
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Marvell Technology Group Ltd. (NASDAQ:MRVL) just reported an exceptional fiscal third-quarter earnings report, where it beat on both the top and bottom lines, and guided higher for the next quarter. It even threw in a $1.0-billion share repurchase program as an added bonus to an already exceptional earnings report. As a result MRVL stock is up 8.53% in after-hours trading.
If all this was not enough, Marvell stock has the potential to complete a large technical pattern that could add another 40% in.
Den vollständigen Artikel lesen ...