Is Marvell’s stock cheap? This $1 billion move shows the company seems to think so.
Marvell is signaling confidence in its future by announcing a $1 billion accelerated share repurchase. The company’s CEO believes this buyback demonstrates a firm conviction in both the business and the stock’s intrinsic value, raising the question of whether Marvell’s shares are priced too low.
2 weeks ago
1 min read