Marvell (MRVL) Sinks on Patent Ruling
Tweet
Share
E-mailGet Alerts MRVL Hot Sheet
Price: $222.02 -0.07%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
EPS Growth %: +38.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
EPS Growth %: +38.8%
Join SI Premium – FREE
Shares of Marvell Technology Group Ltd (NASDAQ: MRVL) saw mid-day pressure following reports from the Wall Street Journal that a jury ruled the company should pay $1.17 billion in patent case brought by Carnegie Mellon University.
Shares of Marvell last traded down 8.6% to 7.54.
Shares of Marvell last traded down 8.6% to 7.54.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Marvell (MRVL) PT Raised to $195 at Goldman Sachs
- Stripe, Advent In Talks To Buy Paypal - WSJ
- Apple Trains Its Own AI Model For China Market With Alibaba's Support- Reuters
Create E-mail Alert Related Categories
Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
