In a surprising move today David Einhorn sold about 1.27 million shares of one of his top holdings, Marvell Technology Group Ltd. (NASDAQ:MRVL). The selling was executed between April 3 to April 4. The sold shares were just a fraction of Einhorn’s total stake in Marvell Technology Group Ltd. (NASDAQ:MRVL) which is equal to 51.8 million shares. Marvell Technology is a fabless semiconductor company that manufactures systems-on-chip devices. Marvell Technology Group Ltd. (NASDAQ:MRVL) was Einhorn’s biggest loser for 4Q 2012. Marvell’s price lost more than 50 percent in the last fiscal year. However, Einhorn remains bullish on the company and told his investors…
David Einhorn Sells 1.3 Million Shares Of Marvell
HFA Staff
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