Microchip Technology Weak Outlook Pressures Other Chipmakers [TheStreet.com]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
marvell.com/company/investor_relations
Company Research
Source: TheStreet.com
Microchip Technology Weak Outlook Pressures Other Chipmakers The semiconductor sector was under pressure Wednesday after Microchip ( MCHP Get Report The Chandler, Ariz., company's outlook is worse than its peers, according to a Cowen note, but that hasn't stopped investors from selling off some big names in the sector. Three Action PLUS stocks -- Marvell ( MRVL LRCX NVDA Analysts at Cowen affirmed a market-perform rating on Microchip Tech while lowering its price target by a dollar to $89. Cowen was one of the only firms to take a bearish turn on the stock, however. Raymond James maintained its strong-buy rating and $115 price target, stating that it is actually "more comfortable" due to "channel inventory near a historic low, much more reasonable expectations and management commentary no longer pointing to a bonanza." Morgan Stanley raised its price target on Microchip to $90 from $84 due to factors like positive inventory trends and a pickup in October business. Citi raised its
Show less
Read more
Impact Snapshot
Event Time:
MRVL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRVL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRVL alerts
High impacting Marvell Technology, Inc. news events
Weekly update
A roundup of the hottest topics
MRVL
News
- Marvell Technology (MRVL) Unveils Multiple Products at OFC-2024 [Yahoo! Finance]Yahoo! Finance
- Marvell Technology, Inc. (NASDAQ: MRVL) had its "buy" rating re-affirmed by analysts at Citigroup Inc.. They now have a $91.00 price target on the stock.MarketBeat
- Marvell Technology Insiders Sold US$6.3m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- Marvell perks up as Citi opens 30-day catalyst watch ahead of AI event [Seeking Alpha]Seeking Alpha
- Marvell Launches Products, Technology and Partnerships at OFC 2024 to Scale Optical Technology for Accelerated Infrastructure [Yahoo! Finance]Yahoo! Finance
MRVL
Earnings
- 3/7/24 - Beat
MRVL
Sec Filings
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- 3/18/24 - Form 144
- MRVL's page on the SEC website