Most investors are well aware of how fabulous tech stocks have been this year. As mentioned, the tech-heavy NASDAQ is up over 25%, while the Philadelphia Semiconductor Index, or SOX, is up over 37% this year.
Marvell’s stock fell sharply last year as Glancy Prongay & Murray (or GPM) announced its investigation of potential claims on behalf of Marvell’s investors.
The SPDR S&P Semiconductor ETF (XSD) invests 2.1% of its holdings in Marvell Technology Group. The ETF tracks an equal-weighted index of semiconductor stocks.
Marvell Technology was outperformed by its peers based on the gross profit margin and PBV ratio. ETFs outperformed it based on the price movement and PBV ratio.
Marvell Technology (MRVL) has a market cap of $4.58 billion. Its YTD performance is decreasing due to its revenue falling 15% and 1.78% in 1Q16 and 2Q16.
Dense servers are part of the computing segment. They’re mainly used in data centers. When they’re compared to traditional servers, they improve space efficiency for data centers.
