JMP Securities Downgrades Marvell (MRVL) to Market Perform after Jury Verdict
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/15/2026
- Wall St edges higher with earnings in focus; chip stocks retreat
- U.S. headline producer inflation posts first one-month decrease since August 2025
- PayPal rallies 20% on report Stripe, Advent made $53 billion bid
- Oil prices sink, shrugging off renewed Middle East fighting
- ASML capacity upgrade soothes AI chip bottleneck fears
RBC Expects Marvell Technology (MRVL) to Appeal or Settle CMU Ruling at Lower Price Tag
December 27, 2012 7:43 AM ESTShares of Marvell Technology (NASDAQ: MRVL) collapsed 10 percent Wednesday after the United States District Court for the Western District of Pennsylvania ruled in favor of Carnegie Mellon University (CMU) in the amount of $1.17bil over Marvell relating to two noise patents, where Marvell has been found to infringe.
Commenting on the... More
Noted Hedge Fund Hit as Marvell (MRVL) Slammed on Patent Ruling
December 26, 2012 3:33 PM ESTOne bull on Marvell Technology (Nasdaq: MRVL) is getting hit today.
David Einhorn, of Greenlight Capital, is seeing millions vanish before his eyes following an adverse patent ruling today that could end up costing Marvell $1.17 billion or more.
Einhorn had 18,372,247 million... More
Marvell (MRVL) Sinks on Patent Ruling
December 26, 2012 2:58 PM ESTShares 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.... More
