https://www.live-feeds.com/feed/lumentum-sell-off-after-marvell-offer-raises-chance-of-alternate-bidContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lumentum-sell-off-after-marvell-offer-raises-chance-of-alternate-bidhttps://www.live-feeds.com/feed/lumentum-sell-off-after-marvell-offer-raises-chance-of-alternate-bid#u191117Tue, 10 Nov 2026 12:21:48 +0000Lumentum shares dropped sharply following an all-stock buyout agreement with Marvell Technology, driven down by both an election-day market sell-off affecting artificial intelligence data center stocks and a slide in Marvell's own stock price. Marvell agreed to an all-stock transaction valued at $115 billion, offering a fixed ratio of 4.5 Marvell shares for each Lumentum share. The steep decline in Marvell shares reduced the implied value of the takeover offer, widening the gap between the deal's initial valuation and the current trading price. This downward pressure on both stocks h