Marvell Technology Group (MRVL) tumbles on Q1 earnings

Marvell Technology Group Ltd. (NASDAQ: MRVL) shares fell 8% to $13.22. Marvell Technology reported better-than-expected earnings for the first quarter. However, the company reported downbeat Q1 revenue and issued a weak forecast for the second quarter. Share volume was 10.1 million, compared to an all-day average of six million