Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth
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Source: CNBC
Published: 2026-08-28 20:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Financial Markets, Tax & Budget, Technology
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Snippet:
Marvell Technology shares fell 8% in premarket trading despite a second-quarter revenue beat, as its raised fiscal 2028 outlook failed to meet investors' elevated expectations.
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