Lumentum (LITE.O) briefly rallied as much as 4.2% in resumed pre-market trading before turning negative. Marvell (MRVL.O) will acquire Lumentum in an all-stock deal valued at about $115 billion to expand its AI data-center exposure.

2026-11-02

Lumentum (LITE.O) briefly rallied as much as 4.2% in resumed pre-market trading before turning negative. Marvell (MRVL.O) will acquire Lumentum in an all-stock deal valued at about $115 billion to expand its AI data-center exposure.