Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth
CNBC Stocks· Aug 28, 2026 · 10:19 AM
Marvell Technology shares fell 8% in premarket trading despite a second-quarter revenue beat, as its fiscal 2028 outlook failed to meet investors' expectations.
This is a summary. Read the complete story at CNBC Stocks below.
Read full article at CNBC StocksRelated Stories
stocks21 minutes ago
J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.
CNBC Stocks
stocks25 minutes ago
Why is CoreWeave stock climbing today?
Investing.com
stocks28 minutes ago
Sling Therapeutics raises $123m for thyroid eye disease drug trial
Investing.com