Marvell Technology Hikes Growth Estimates

Marvell Technology Inc MRVL raised its long-term growth projections from the previous 15% to 15% - 20% at the Marvell Investor Day 2021 event.
Marvell Technology is a fabless chipmaker focused on networking and storage applications.
The chipmaker recently announced fresh data infrastructure offerings.
Price Action: MRVL shares traded higher by 5.12% at $62.43 on the last check Wednesday.

Posted In:

News Guidance Movers Tech Trading Ideas Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.