Update: Marvell Technology Shares Rise After Boost in Revenue Guidance

MT Newswires Live
14 hours ago

(Updates with stock price movement in the headline and the first paragraph.)

Marvell Technology (MRVL) shares rose 6.4% in Tuesday trading after CEO Matthew Murphy projected revenue of $12 billion in 2026 and $18 billion in 2027, up from a prior combined forecast of $20 billion for the two years, according to a conference transcript.

Price: 288.68, Change: +17.43, Percent Change: +6.43

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