Marvell Technology (MRVL) News Today
MRVL rose 1.65% in the 10 minutes after this headline crossed at 17:14:45 ET on Wednesday, Oct 28:
Marvell in advanced talks to acquire data-center optics maker Lumentum, Bloomberg reports
Price 227.83 two minutes before the headline, 231.59 10 minutes after it.
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Why Marvell Technology (MRVL) moved: the full explanation
2 headlines on Marvell Technology appeared in our news feed in the last 7 days with a measured price reaction attached. 2 of them moved the underlying at least 0.35% in the minutes after the headline crossed. The largest measured reaction was +1.65% over 10 minutes on MRVL, after the headline at Oct 28, 17:14:45 ET.
Price action when the news broke
17:14:45 ET
What moved MRVL — last 7 days
| Time | Headline | 1 min | Reaction |
|---|---|---|---|
| Oct 28, 17:14:45 ET | Marvell in advanced talks to acquire data-center optics maker Lumentum, Bloomberg reportsVolume 377.6K shares in 10 min · 126.3× normal | -1.43% | +1.65% · 10m |
| Oct 28, 17:08:44 ET | An acquisition of Lumentum Holdings (LITE) by Marvell (MRVL) is said to be under advanced discussion, with a deal announcement possible as soon as next weekVolume 590.1K shares in 10 min · 197.4× normal | -1.36% | +0.62% · 10m |
Moves are measured against the price two minutes before each headline crossed, using validated 1-minute bars captured at publish time. A dash means no bar was available for that window. Reaction pending means the measuring window for that headline is still open. Not attributed means the headline does not name the company the move was measured on, so we hold the number back. Times are New York ET. Headlines appear here 1 minute after they cross the live tape.
Our analysis
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