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Marvell and Lumentum Fell Hard. Their Supplier's Stock Is Soaring
Source: 247wallst.com
M&A & RestructuringCorporate EarningsCompany Fundamentals
After Marvell announced a blockbuster acquisition, both stocks fell, while an unnamed supplier reported the best quarter in its history after hours. The article questions whether the supplier's record performance can withstand fallout from the deal; it provides no company name, financial figures, or further details.
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