David Einhorn , head of hedge fund Greenlight Capital, made another large purchase of Marvel Technology Group ( MRVL ), according to GuruFocus Real Time Picks . This time he upped his stake by more than 61%, buying 11,222,932 shares on July 16. The purchase brought his stake to a total of 18,372,247 shares.
Marvell is a semiconductor manufacturer focused on Ethernet, cable and DSL-related communications devices. The company's stock price has declined 26% over the last year and about 18% year to date.
Read more: http://community.nasdaq.com/News/2012-07/david-einhorn-ups-stake-in-semiconductor-maker-marvell-technology.aspx?storyid=159119#ixzz21qHZbkdn
Marvell is a semiconductor manufacturer focused on Ethernet, cable and DSL-related communications devices. The company's stock price has declined 26% over the last year and about 18% year to date.
Read more: http://community.nasdaq.com/News/2012-07/david-einhorn-ups-stake-in-semiconductor-maker-marvell-technology.aspx?storyid=159119#ixzz21qHZbkdn
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