Markets

Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.

Reported by MarketWatch · Published 29 Oct 2026, 9:05 PM MYT (2 hr ago)

Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology.

Source & full coverage: this summary is aggregated from MarketWatch, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at MarketWatch →

Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.

Summary

More in Markets

The midterms are crucial to the future of Social Security – no matter how old you are

Consumer spending flattens out after inflation surge

DoorDash and Instacart want to join forces. Will the U.S. government get in their way?

Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.

Economy grows at fastest pace in more than a year, GDP shows, and shows little sign of slowing.

Caterpillar’s stock heads for worst day in 7 years — and what that means for the Dow