Marvell Technology (NasdaqGS:MRVL) Reaffirms Q1 2026 Revenue Guidance With Narrowed Range
Marvell Technology (NasdaqGS:MRVL) recently experienced a 24% price increase over the last month, likely influenced by its reaffirmed revenue guidance of $1.875 billion for fiscal 2026, with a tighter range of ±2%. The departure of key executives and board members, alongside advancements in technology such as interoperability of the Structera portfolio, may have added weight to this move. Despite broader market fluctuations, where the Nasdaq slipped slightly, Marvell’s progress in strategic...