EchoStar Gains on SpaceX Talks; Lumentum, Marvell Reach Deal | Stock Movers
On this episode of Stock Movers: - EchoStar (ECHO) is gaining on news Elon Musk's SpaceX is looking to start a wireless service with Echostar. - Lumentum (LITE) is moving on news Marvell Technology has reached a deal to buy Lumentum at an enterprise value of $115 billion. Lumentum makes lasers and other optical technology for moving enormous amounts of data at high speeds, which underpins the AI…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
