Previous close | 42.74 |
Open | 43.60 |
Bid | 43.42 x 3100 |
Ask | 43.70 x 800 |
Day's range | 42.80 - 44.47 |
52-week range | 33.75 - 78.19 |
Volume | |
Avg. volume | 11,564,450 |
Market cap | 37.874B |
Beta (5Y monthly) | 1.45 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.60 |
Earnings date | 01 Mar 2023 - 06 Mar 2023 |
Forward dividend & yield | 0.24 (0.56%) |
Ex-dividend date | 05 Jan 2023 |
1y target est | 62.01 |
Marvell Technology (MRVL) closed the most recent trading day at $42.51, moving -0.56% from the previous trading session.
Although Marvell (NASDAQ: MRVL) might have the best long-term growth potential of all semiconductor companies, its fundamentals succumbed to the worsening economy in 2022, and the stock plunged 58%. Considering that the economy is worsening and many economists and business leaders believe the global economy is on the brink of recession, should you give this stock a pass right now, or use the decline over the past year to buy shares of an excellent company while it's down? In 2016, a new management team began transforming Marvell from a maker of hard drives, Wi-Fi devices, and multimedia solutions to a pure play on data infrastructure.
In the latest trading session, Marvell Technology (MRVL) closed at $40.49, marking a -1.32% move from the previous day.