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-0.00121555915721222 -0.00141815235008104 0.00202593192868723 -0.002532414910859 0.00415316045380886 0.0131361426256078 0.00141815235008104 0.00141815235008104
Stock impact report

Nvidia, Marvell, and Broadcom Plunge as Nasdaq Enters Bear Market [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
The Nasdaq Composite Index has officially entered bear market territory, down over 20% since December. Stocks like Marvell Technology ( NASDAQ:MRVL ) are taking a hit, down 12% in midday trading. It's now down 50% year-to-date. ON Semiconductor ( NASDAQ:ON ) also slid 4.5%, marking a 44% drop for the year. Broadcom ( NASDAQ:AVGO ) and Microchip Technology ( NASDAQ:MCHP ) didn't fare much better, losing 7% and 6%, respectively. Warning! GuruFocus has detected 4 Warning Signs with MRVL. Nvidia ( NASDAQ:NVDA ) continues to slide, dropping another 6%. It's almost wiped out all the gains from last year. The Philadelphia Semiconductor Index (SOX) is down 7%, reaching its lowest point since November. Adding to the chaos, China has slapped a 34% tariff on U.S. imports. This brings the total tariff rate on Chinese goods to nearly 79%. Apple ( NASDAQ:AAPL ), which has strong ties with Vietnam, is seeing some pressure too. Meanwhile, Micron Technology ( NASDAQ:MU ) and Taiwan Semiconduct Show less Read more
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