Earnings Plunge For Marvell Technology
Posted on August 17, 2012 at 12:40 PM EDT
Second quarter earnings plunged for Marvell Technology Group Ltd. (Nasdaq: MRVL) to 16 cents per share compared with 31 cents per share in the year ago period to miss expectations. Shares of the chip maker plunged $1.88 to $10.40.
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