Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Marvell (MRVL -1.7%) is trading lower after UBS slashed its estimates through 2014, citing...

  • Tuesday, November 13, 2012, 12:10 PM ET
    Marvell (MRVL -1.7%) is trading lower after UBS slashed its estimates through 2014, citing storage and wireless softness. Marvell's shares have been hit hard as weak PC demand takes a toll on hard drive controller sales, and the company bleeds share in China's TD-SCDMA baseband  chip market. FQ3 results arrive on Thursday. (FQ3 warning/CFO departure)
Track new comments on this story

This news story has 1 comment:

  • What did UBS cut their numbers by on MRVL?
    13 Nov 2012, 12:23 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)