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Marvell Slides on Lumentum Deal, Marriott Gains, Rivian Jumps

On this episode of Stock Movers:_ Marvell Technology (MRVL) agreed to buy Lumentum Holdings at an enterprise value of $115 billion in an all-stock transaction. The merger is expected to be completed in the first half of 2028 and will give Marvell shareholders 67% of the combined ... Show more

. 4min 34sec

Estee Lauder Mixed, Oracle Down, and Marvell Technology Drops After Lumentum Deal

On this episode of Stock Movers: - Estee Lauder (EL) shares are mixed. Estee Lauder Cos. reported better-than-expected earnings and raised its outlook, a sign the beauty conglomerate’s turnaround effort is winning over consumers. The company said organic sales will likely grow by ... Show more

. 3min 38sec

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