Here’s Why Marvell Technology (MRVL) Traded Down in Q1

Fidelity Investments, an investment management company, recently released its “Fidelity Dividend Growth Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. Fidelity Dividend Growth Fund is a diversified domestic equity strategy with a focus on large-cap core. The portfolio invests in large and mid-cap firms with potential for sustainable dividend growth. The fund’s Retail Class shares returned -5.29% in the first quarter, underperforming the -4.27% return of the benchmark S&P 500 index. In the first quarter, the post-election anticipation was...