Marvell Shares Fall 8% Despite Strong Results; Cramer Says ‘It’s a Price Problem’

1. 1Marvell (MRVL) beat Wall Street estimates for Q2, yet shares slid more than 8% in premarket trading Friday
2. 2Revenue came in at $2.74 billion (+37%), with data center sales of $2.17 billion accounting for 79% of total; current-quarter guidance raised to $3.15 billion
3. 3Jim Cramer attributes the drop to valuation, not execution; after a 178% run this year, the bar for further upside has been raised

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