Marvell Technology Stock Drops 3.52% Despite Record Revenue 957 Million Trading Volume Ranks 87th
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 8:01 pm ET1min read
MRVL--
On June 13, 2025, Marvell TechnologyMRVL-- Inc. (MRVL) experienced a decline of 3.52% in its stock price, with a trading volume of $957 million, ranking 87th in the day's market activity.
Marvell Technology Inc. has declared a quarterly dividend of $0.06 per share of common stock. This dividend will be payable on July 31, 2025, to shareholders of record as of July 11, 2025.
Despite reporting a record revenue of $1.895 billion in the first quarter of fiscal 2026, Marvell Technology Inc. saw its stock price fall. The revenue marked a 4% sequential increase and a strong 63% year-over-year growth, indicating robust financial performance.
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