Should You Buy Marvell Technology Stock After Its Post-Earnings Dip?
When a company reports its latest earnings numbers, the news can have a significant impact on its stock price. When a stock has fallen significantly, it could create an attractive buying opportunity for investors. But it's important to consider the reason for the drop, to ensure you aren't buying a stock that will just keep losing value.Recently, tech company Marvell Technology (NASDAQ: MRVL) reported earnings, and its shares crashed afterward. The sell-off has been extreme. On Monday, the stock closed at $65.67 -- down 27% from just a few days earlier, when it reported earnings. And by then, shares of Marvell were already tumbling amid concerns related to tariffs and trade wars. All in all, heading into trading this past Tuesday, the stock had fallen by more than 40% in the preceding month alone.Does the hefty decline make this a good time to buy Marvell stock, or should investors avoid what could be the start of a much larger free fall?Continue reading
When a company reports its latest earnings numbers, the news can have a significant impact on its stock price. When a stock has fallen significantly, it could create an attractive buying opportunity for investors. But it's important to consider the reason for the drop, to ensure you aren't buying a stock that will just keep losing value.
Recently, tech company Marvell Technology (NASDAQ: MRVL) reported earnings, and its shares crashed afterward. The sell-off has been extreme. On Monday, the stock closed at $65.67 -- down 27% from just a few days earlier, when it reported earnings. And by then, shares of Marvell were already tumbling amid concerns related to tariffs and trade wars. All in all, heading into trading this past Tuesday, the stock had fallen by more than 40% in the preceding month alone.
Does the hefty decline make this a good time to buy Marvell stock, or should investors avoid what could be the start of a much larger free fall?
