Marvell (MRVL) Hits Another New 52-Week Low
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Shares of Marvell Technology Group (Nasdaq: MRVL) are continuing to slide today and have once again set a new 52-week low. Marvell stock dipped as low as $13.92 on low volume and no recent news.
Marvell has had a rough 2007 as the Company's stock price has fallen by more than 25% year-to-date. This decline has intensified over the last two months: almost 23% of this year's drop in stock price has come since the beginning of November.
Marvell Technology Group, Ltd. provides semiconductors of analog, mixed-signal, digital signal processing, and embedded microprocessor integrated circuits worldwide.
Marvell has had a rough 2007 as the Company's stock price has fallen by more than 25% year-to-date. This decline has intensified over the last two months: almost 23% of this year's drop in stock price has come since the beginning of November.
Marvell Technology Group, Ltd. provides semiconductors of analog, mixed-signal, digital signal processing, and embedded microprocessor integrated circuits worldwide.
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