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Marvell Technology, Dell And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Benzinga·08/29/2025 12:31:58
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U.S. stock futures were lower this morning, with the Dow futures falling over 100 points on Friday.

Shares of Marvell Technology, Inc. (NASDAQ:MRVL) fell sharply in pre-market trading after the company issued third-quarter sales guidance with a midpoint below estimates.

Marvell reported quarterly earnings of 67 cents per share, which beat the analyst estimate of 66 cents. Quarterly revenue came in at $2.006 billion which missed the Street estimate of $2.009 billion.

Marvell is looking for third-quarter adjusted earnings of between 69 cents and 79 cents per share, versus the 72-cent estimate, and revenue in a range of $1.957 billion to $2.163 billion, versus the $2.105 billion analyst estimate.

Marvell Technology shares dipped 14.7% to $65.87 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

  • TryHard Holdings Limited (NASDAQ:THH) fell 10.3% to $5.38 in the pre-market trading session after jumping 50% on Thursday. 
  • Asset Entities Inc. (NASDAQ:ASST) declined 8.1% to $6.15 in pre-market trading after surging 13% on Thursday.
  • Inventiva S.A. (NASDAQ:IVA) fell 7.8% to $5.85 in pre-market trading after gaining 21% on Thursday.
  • Dell Technologies Inc. (NYSE:DELL) fell 6.7% to $125.50 in pre-market trading. Dell reported stronger-than-expected earnings for the second quarter. Dell said it expects third-quarter revenue to be between $26.5 billion and $27.5 billion, versus estimates of $26.05 billion. The company anticipates third-quarter adjusted earnings of $2.45 per share versus estimates of $2.55 per share.
  • NatWest Group plc (NYSE:NWG) slipped 5.5% to $13.81 in pre-market trading.
  • MasterBeef Group (NASDAQ:MB) declined 4.8% to $12.08 in pre-market trading after jumping 46% on Thursday.
  • Lloyds Banking Group plc (NYSE:LYG) fell 4.4% to $4.27 in pre-market trading.

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