Update: Marvell Technology Shares Rise After Boost in Revenue Guidance
MT newswire2026/10/06 18:3102:31 PM EDT, 10/06/2026 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.) Marvell Technology (MRVL) shares rose 6.4% in Tuesday trading after CEO Matthew Murphy projected revenue of $12 billion in 2026 and $18 billion in 2027, up from a prior combined forecast of $20 billion for the two years, according to a conference transcript. Price: 288.68, Change: +17.43, Percent Change: +6.43
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