Companies Reporting Before The Bell
• American Woodmark (NASDAQ:AMWD) is likely to report quarterly earnings at $1.34 per share on revenue of $493.20 million.
Marvell Technology Group (NASDAQ:MRVL) is set to give its latest quarterly earnings report on Thursday, 2022-05-26. Here's what investors need to know before the announcement.
Analysts estimate that Marvell Technology Group will report an earnings per share (EPS) of $0.51.
Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 10 years by 3.95% on an annualized basis producing an average annual return of 15.44%. Currently, Marvell Tech has a market capitalization of $46.67 billion.
Someone with a lot of money to spend has taken a bearish stance on Marvell Tech (NASDAQ:MRVL).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Marvell Technology Inc (NASDAQ: MRVL) is the "best when it comes to 5G, the best in high-performance computing.
A whale with a lot of money to spend has taken a noticeably bearish stance on Marvell Tech.
Looking at options history for Marvell Tech (NASDAQ:MRVL) we detected 10 strange trades.