Marvell shares tumble 8% after outlook disappoints
By The BriefBrief
Marvell Technology shares fell about 8% in premarket trading despite a second-quarter revenue beat. The drop followed an outlook for fiscal 2028 that failed to meet investors' expectations.
WHO:Marvell Technology investors
WHAT:Marvell shares dropped about 8% in premarket trading after the company’s fiscal 2028 outlook disappointed investors.
WHEN:Reported Aug 28, 2026 at 6:19 AM ET
WHERE:Location not specified
WHY:Investors reacted negatively to Marvell’s fiscal 2028 outlook, which did not meet expectations.
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