All the reasons Marvell investors are ’freaking out’ as Lumentum deal rumors swirl
Published . Updated .
Investors are nervous that Marvell would have to pay a big premium — and wait a while for China to approve any deal.
Directly affected
- No company is named in this report.
Indirectly affected
- FXI iShares China Large-Cap ETF-5.0% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- EEM iShares MSCI Emerging Markets ETF-0.3% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China, which this story is about.
- KWEB KraneShares CSI China Internet ETF-4.6% 30d
KraneShares CSI China Internet ETF holds stocks listed in China, which this story is about (“china”).
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
| KWEBNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Investors are nervous that Marvell would have to pay a big premium — and wait a while for China to approve any deal.
Source: MarketWatch
This story
12 out of 100
“All the reasons Marvell investors are ’freaking out’ as Lumentum deal rumors swirl” scores 12 out of 100. The score uses 1 sources.