Geopolitics Alpha

Lumentum Holdings (LITE) Is Reportedly In Advanced Acquisition Talks

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Lumentum Holdings (LITE) Is Reportedly In Advanced Acquisition Talks

Lumentum Holdings (NasdaqGS:LITE) is reportedly in advanced talks to be acquired by Marvell Technology. The potential deal would combine Marvell's AI data center infrastructure portfolio with Lumentum's optical and photonic components business. Any acquisition agreement would be

Directly affected

  • LITE Lumentum Holdings-11.9% 30d

    Named in this report.

  • MRVL Marvell Technology-23.7% 30d

    Named in this report.

Indirectly affected

  • QQQ Invesco QQQ-2.6% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-0.9% 19d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • MSFT Microsoft+4.0% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • GOOGL Alphabet-21.2% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • AMZN Amazon.com-7.0% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • META Meta Platforms-17.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LITE-17.65%-10.43%base+0.68%-7.99%after closeafter close
MRVL-11.23%-7.15%base-13.27%-21.98%after closeafter close
QQQ-2.90%-1.86%base-1.64%-4.83%after closeafter close
AIQNo price data for this ticker———————
MSFTNo price data for this ticker———————
GOOGLNo price data for this ticker———————
AMZNNo price data for this ticker———————
METANo 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.

Market Call

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Lumentum Holdings (LITE) Is Reportedly In Advanced Acquisition Talks Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
LITEthat day+0.68%final price
LITEthe next day-7.99%final price
LITEthree days earlier-10.43%final price
LITEfive days earlier-17.65%final price
MRVLthat day-13.27%final price
MRVLthe next day-21.98%final price
MRVLthree days earlier-7.15%final price
MRVLfive days earlier-11.23%final price
QQQthat day-1.64%final price
QQQthe next day-4.83%final price
QQQthree days earlier-1.86%final price
QQQfive days earlier-2.90%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Lumentum Holdings (LITE) Is Reportedly In Advanced Acquisition Talks” scores 12 out of 100. The score uses 1 sources.