Marvell Shares Slide 9.7% as Lumentum Rises 6.0% on Buyout Report
Marvell shares fell 9.7% in premarket trading, while Lumentum rose 6.0%, after a report of Marvell's interest in acquiring the optical-networking company.
By Adam ClarkShares in Marvell Technology were dropping early Thursday. Shareholders look to be upset about the company's reported interest in a shock acquisition of optical-networking peer Lumentum Holdings.Marvell shares were down 9.7% in premarket trading, while Lumentum was rising 6.0% after Bl…