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) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole was unchanged today. By the end of trading, Marvell Technology Group fell $0.20 (-1.6%) to $11.99 on heavy volume. Throughout the day, 13,557,106 shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 5,896,500 shares. The stock ranged in price between $11.88-$12.15 after having opened the day at $12.06 as compared to the previous trading day's close of $12.19. Other companies within the Electronics industry that declined today were:
), down 10.8%,
), down 6.9%,
), down 5.2% and
), down 4.9%.
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Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $6.4 billion and is part of the technology sector. Shares are up 78.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Marvell Technology Group
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full Marvell Technology Group Ratings Report.
On the positive front,
), up 12.9%,
), up 10.0%,
), up 9.4% and
), up 9.2% , were all gainers within the electronics industry with
) being today's featured electronics industry leader.
- Use our electronics section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.