A look at Marvell Shares Following Today’s Drop | $MRVL
|1 min MRVL|
Following the late day ruling against Marvell to the tune of $1.7Bil for infringing on Carnegie Mellon University patents shares of MRVL became cannon fodder for the bored day trader.
The result is depicted on the left.
(Bloomberg) A U.S. jury ordered Marvell Technology Group Ltd. (MRVL) to pay $1.17 billion in damages that may be tripled for infringing patents on integrated-circuit technology held by Carnegie MellonUniversity.
|Daily MRVL .. the 7 level is very important support.. below stops surely reside.|
|15 min MRVL.. note the volume spike Friday..|