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Marvell Technology Group Ltd. (MRVL): Time to Buy on the Dip?

From Insider Monkey - Free Hedge Fund and Insider Trading Data
December 31, 2013 - 5:18pm
Marvell Technology Group Ltd. (NASDAQ:MRVL) was down as much as 15% last week on news that a federal jury has ordered the chip-maker to pay nearly $1.2 billion for infringing on patents held by Carnegie Mellon University. The initial damage award comes out to about $2 per share, but the stock is only down $1.30, [...]

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