Jim Cramer Cheered Marvell’s $12 Billion Google Deal but the Stock Just Fell Nearly 10%
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The post Jim Cramer Cheered Marvell’s $12 Billion Google Deal but the Stock Just Fell Nearly 10% appeared first on 24/7 Wall St..
Two weeks ago, Jim Cramer took a victory lap on Marvell Technology (NASDAQ:MRVL). On Aug. 19, he reposted a CNBC headline that read “Marvell pops 6% on AI chip deal that lets Google buy up to $12.2 billion in shares,” and one minute later, he added “Matt ‘trillion dollar’ Murphy scores again.”
Today, the trade looks different.
Two weeks ago, Jim Cramer took a victory lap on Marvell Technology (NASDAQ:MRVL). On Aug. 19, he reposted a CNBC headline that read “Marvell pops 6% on AI chip deal that lets Google buy up to $12.2 billion in shares,” and one minute later, he added “Matt ‘trillion dollar’ Murphy scores again.”
Today, the trade looks different.
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