Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.
Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology.
Key Takeaways
- Marvell is reportedly close to buying Lumentum.
- Analysts say they see logic in a potential deal..
- Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology.
Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology.
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Published originally on MarketWatch Top Stories
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