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Marvell Technology, Inc. (MRVL)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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48.22+1.96 (+4.24%)
At close: 04:00PM EDT
48.40 +0.18 (+0.37%)
After hours: 07:05PM EDT
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Trade prices are not sourced from all markets
Previous close46.26
Bid48.05 x 1100
Ask48.19 x 3200
Day's range46.88 - 49.04
52-week range43.68 - 93.85
Avg. volume10,218,730
Market cap40.982B
Beta (5Y monthly)1.27
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.24 (0.51%)
Ex-dividend date07 July 2022
1y target estN/A
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    This Tech Stock Is Soaring After a Blockbuster Quarter

    Marvell Technology Group (NASDAQ: MRVL) has borne the brunt of the stock market sell-off in 2022 so far, but shares of the chipmaker were soaring following the release of its fiscal 2023 first-quarter results (for the three months ended April 30) on May 26. The company, whose chips are used in several fast-growing areas such as data centers, automotive, enterprise networking, and carrier infrastructure, reported impressive growth in revenue and earnings. Let's take a closer look at Marvell's quarterly performance and check why this semiconductor stock could sustain its impressive growth for a long time to come.