Shares of Marvell Technology dropped 15% after missing data center revenue estimates and giving weak guidance for the current quarter. Despite a 58% revenue increase from a year ago, net income was $194.8 million. Sales in the data center segment fell short at $1.49 billion. Analysts downgraded Marvell’s stock to neutral with a price target of $78.

Read more at CNBC: Marvell stock slumps after data center revenue, forecast disappoint