Marvell Technology meets Wall Street estimates in the fiscal third quarter

Marvell Technology Group Ltd. (NASDAQ: MRVL) reported its financial results for the fiscal third quarter on Thursday that came in line with what analysts had anticipated. Shares of the company tanked roughly 4% in extended trading on Thursday. Including the price action, Marvell Technology Group Ltd. is now trading at a per-share price of £32.26 versus £12.82 per share in March due to the COVID-19 disruptions. The stock had started the year at £20.35 per share. Learn more about how to choose winning stocks. Marvell’s Q3 financial results versus analysts’ estimates Marvell said that its loss in the third quarter