Marvell announced an all-stock deal to buy Lumentum for $115 billion on November 2, 2026. The announcement drove Marvell stock down 13% over investor concerns regarding equity dilution and deal financing.
Marvell Shares Drop 13% Following $115 Billion Acquisition of Lumentum
Read the full report at Yahoo Finance.
mergers and acquisitionssemiconductorsstock selloff

