Marvell Tech Stock Rises Despite Recent Underperformance; Earnings Report Looms
• Marvell Technology (MRVL) stock rose 0.74% compared to 0.13% for the S&P 500 and 0.13% for the Dow • MRVL has lagged the market over the past month, down 7.88% vs a 2.99% gain for the S&P 500 • MRVL's upcoming earnings report on March 7 is of great interest to investors • Analysts expect MRVL's earnings and revenue to be flat or down slightly year-over-year • MRVL currently has a Zacks Rank of #2 (Buy) and trades at a premium to its industry average based on Forward P/E and PEG ratios