On June 4, Marvell Technology (NASDAQ: MRVL) stock ended the day at $316. 43, a record close. As of this writing, shares trade near $248, or about 21% below that record, even after bouncing more than 10% from their Oct. 22 close. At an investor day on Oct. 6, the company raised its revenue forecast for fiscal 2028 (the year ending in January 2028) to around $20 billion.
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