Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?
Published . Updated .
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This report is about the broad US market.
Directly affected
- MRVL Marvell Technology-34.7% 30d
Named in this report.
- LITE Lumentum Holdings-27.6% 30d
Named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF-1.1% 30d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- QQQ Invesco QQQ-3.3% 30d
Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- XLK Technology Select Sector SPDR+9.4% 15d
Technology Select Sector SPDR holds the technology sector that Lumentum Holdings belongs to, so it often moves with news about it.
- QCOM Qualcomm-17.9% 30d
Qualcomm is a large technology company like Lumentum Holdings; big names in a sector often move together.
- MSI Motorola Solutions+3.9% 6d
Motorola Solutions is a large technology company like Lumentum Holdings; big names in a sector often move together.
- CIEN Ciena+6.6% 17d
Ciena is a large technology company like Lumentum Holdings; big names in a sector often move together.
- FN Fabrinet-16.2% 10d
Fabrinet is a large technology company like Lumentum Holdings; big names in a sector often move together.
- PL Planet Labs PBC-23.3% 30d
Planet Labs PBC is a large technology company like Lumentum Holdings; big names in a sector often move together.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MRVL | +42.22% | +27.45% | base | -0.67% | after close | after close | after close |
| LITE | +26.67% | +34.57% | base | +0.78% | after close | after close | after close |
| DIA | +0.76% | +0.67% | base | -0.60% | after close | after close | after close |
| QQQ | +5.87% | +5.02% | base | +0.86% | after close | after close | after close |
| XLK | +8.74% | +8.32% | base | +1.01% | after close | after close | after close |
| QCOM | +13.81% | +14.53% | base | +0.14% | after close | after close | after close |
| MSI | -0.74% | +0.98% | base | -0.33% | after close | after close | after close |
| CIEN | +23.52% | +22.81% | base | +5.84% | after close | after close | after close |
| FN | +9.01% | +10.75% | base | +13.40% | after close | after close | after close |
| PL | +11.72% | +10.25% | base | +3.97% | after close | after close | after close |
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.
Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart? Barron's
Source: Barron's
Price since this story was published: Spdr Dow Jones Industrial Average Etf Trust (DIA)
| Company | When | Move | Status |
|---|---|---|---|
| CIEN | that day | +5.84% | still updating |
| CIEN | three days earlier | +22.81% | final price |
| CIEN | five days earlier | +23.52% | final price |
| Spdr Dow Jones Industrial Average Etf Trust (DIA) | that day | -0.60% | still updating |
| Spdr Dow Jones Industrial Average Etf Trust (DIA) | three days earlier | +0.67% | final price |
| Spdr Dow Jones Industrial Average Etf Trust (DIA) | five days earlier | +0.76% | final price |
| FN | that day | +13.40% | still updating |
| FN | three days earlier | +10.75% | final price |
| FN | five days earlier | +9.01% | final price |
| LITE | that day | +0.78% | still updating |
| LITE | three days earlier | +34.57% | final price |
| LITE | five days earlier | +26.67% | final price |
| MRVL | that day | -0.67% | still updating |
| MRVL | three days earlier | +27.45% | final price |
| MRVL | five days earlier | +42.22% | final price |
| MSI | that day | -0.33% | still updating |
| MSI | three days earlier | +0.98% | final price |
| MSI | five days earlier | -0.74% | final price |
| PL | that day | +3.97% | still updating |
| PL | three days earlier | +10.25% | final price |
| PL | five days earlier | +11.72% | final price |
| QCOM | that day | +0.14% | still updating |
| QCOM | three days earlier | +14.53% | final price |
| QCOM | five days earlier | +13.81% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +0.86% | still updating |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | +5.02% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +5.87% | final price |
| XLK | that day | +1.01% | still updating |
| XLK | three days earlier | +8.32% | final price |
| XLK | five days earlier | +8.74% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar sold Marvell Technology (MRVL), worth $1,001 - $15,000 on 24 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Marvell Technology (MRVL), worth $250,001 - $500,000 on 21 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 60 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a spouse), worth $15,001 - $50,000 on 24 Aug 2026. That is 71 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Motorola Solutions (MSI) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Ciena (CIEN), worth $1,001 - $15,000 on 24 Aug 2026. That is 71 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Ciena (CIEN), worth $250,001 - $500,000 on 21 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
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).
Who gains and who loses around Spdr Dow Jones Industrial Average Etf Trust (DIA)
Companies carried with this story
- DIA Spdr Dow Jones Industrial Average Etf Trust
Spdr Dow Jones Industrial Average Etf Trust (DIA) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?.” Reason on file: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
- QQQ Invesco Qqq Trust, Series 1
Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?.” Reason on file: Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
- IWM Ishares Tr
Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?.” Reason on file: iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
- RSP Invesco Exchange Traded Fd T
In “Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?,” Invesco Exchange Traded Fd T (RSP) is linked, with no stored direction, medium confidence. Reason on file: Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
- VTI Vanguard Index Fds
Vanguard Index Fds (VTI) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?.” Reason on file: Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
Spdr Dow Jones Industrial Average Etf Trust (DIA)
On 3 Nov 2026, “Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?” is the story that connects Spdr Dow Jones Industrial Average Etf Trust (DIA) to this story.
For Spdr Dow Jones Industrial Average Etf Trust (DIA), the reason on file says SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
A second company, Invesco Qqq Trust, Series 1 (QQQ), is listed for a different reason: Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story
Price levels for Spdr Dow Jones Industrial Average Etf Trust (DIA)
DIA traded between 504.92 and 522.62 across 18 sessions. The latest close on file is 515.65. IWM traded between 269.88 and 285.25 across 20 sessions. The latest close on file is 279.20. QQQ traded between 680.34 and 758.19 across 20 sessions. The latest close on file is 681.22.
How strong the case is around Spdr Dow Jones Industrial Average Etf Trust (DIA)
40 out of 100Price not final
“Marvell, Lumentum Stocks Have Lost $91 Billion. Could Their Merger Fall Apart?” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.