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Lumentum fell 6.27%, Corning rose 0.81%, Coherent rose 1.75%, Applied Optoelectronics rose 2.06%, Ciena fell 0.50%, Broadcom rose 0.18%, and Mywell Technology fell 2.97%. Marvell Technology and Lumentum announced that they have signed a final agreement. Marvell will acquire Lumentum in full stock, and the total potential market size of the company is expected to expand to 550 billion US dollars after the merger.
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Lumentum fell 6.27%, Corning rose 0.81%, Coherent rose 1.75%, Applied Optoelectronics rose 2.06%, Ciena fell 0.50%, Broadcom rose 0.18%, and Mywell Technology fell 2.97%. Marvell Technology and Lumentum announced that they have signed a final agreement. Marvell will acquire Lumentum in full stock, and the total potential market size of the company is expected to expand to 550 billion US dollars after the merger.
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