MRVL Stock Plunges 8% in Premarket After Double Beat — Time to Buy the Dip? Analyst Nicholas Mugalli Says 'A Trillion-Dollar Company It Is!'
MRVL plunged 9% despite a Q2 beat due to margin fears. Is it time to buy the dip? One analyst says Marvell is a "trillion dollar company!"
Marvell beat expectations but its stock dropped because people worry profits might shrink. When a good company gets cheaper, some people think it's worth buying, but you should watch if those profit worries turn out to be real.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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