Posts Tagged ‘IDTI’

Chips Under Pressure Over Downgrades (MRVL, BRCM, IDTI)

We are seeing some select chip stock downgrades affecting shares negatively this morning.  We have shown the downgrades attached and the pre-market reactions seen so far this morning.

Marvell Technology (MRVL) was cut to Hold from Buy at Jefferies; shares down over 4% at $14.90 on more than 300,000 shares.
Broadcom (BRCM) was cut to Perform from [...]