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Why Marvell Technology Stock Plunged 28.1% This Week

Investors don't see Marvell's new acquisition as being so marvelous.

  • Marvell Technology stock plunged 28.1% this week after acquiring Lumentum Holdings.
  • All-stock deal valued at $115 billion, diluting existing shareholders.
  • Acquisition faces regulatory approvals in China and the U.S., expected until early 2028.

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