Browsing articles tagged with " marvell"

Did David Einhorn Sell Marvell?

Oct 24, 2012
J. Webster
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There's no mention of Marvell in Green Light Capital's 3rd quarter letter. It's a bit of a mystery. David Einhorn owned 18,372,247 shares of the stock at one time. But the stock has been taken to the wood shed, nearly chopped in half after they cut their guidance the past few quarters, really. The stock trades for $7.60 a share as of this writing. A little over a year ago the stock traded for around $20 a share, then it went to $15 and now it's down to almost $7 a share. Here are some details for the

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What’s David Einhorn Doing with Marvell?

Aug 17, 2012
J. Webster
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David Einhorn of Green Light Capital owns 18,372,247 shares of Marvell, which are now down close to 16% after the company announced disappointing quarterly results and guidance. That's got to hurt. And even the best Poker player will have a tough time hiding his frustration. Roughly a year ago the stock was trading for close to $22 a share, now it's been cut in half. In Einhorn's letter to investors on July 23, 2012, he had this to say about Marvell:
Marvell Technology Group (MRVL) was the other significant loser, as its shares fell from $15.73 to $11.28 during the

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