Business

Lumentum’s Stock Surges on Potential Marvell Acquisition

Updated 2026-10-28 22:20 UTC 1 source Positive

Lumentum's stock price increased after reports of a possible acquisition by Marvell. Investors are optimistic about the potential deal, which could be announced next week.

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MarketWatch

Lumentum’s stock pops as investors cheer a possible sale to Marvell

An agreement between the companies could come next week, Bloomberg reported

2026-10-28 22:08 UTC