Benzinga on $MRVL (Nov 5, 2026)
Marvell's sharp drop is primarily company-specific, not caused by the elections or the weak chip sector: shareholders hate its roughly $115 billion deal to buy Lumentum, seen as too large and significantly dilutive. When a stock falls, the speaker says, the cause matters — sector, story, or company — and here it was the company.
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Shares of SK Hynix have fallen, Marvell has fallen,
Now, let me talk about Marvel because I know many of you own its stock, and the drop was ugly. Marvel's stock has plummeted , but here's the honest truth. This has absolutely nothing to do with the elections .
Marvel just announced that it is buying a company called Lumintum in a deal worth about $115 billion, and shareholders hate it. They believe the deal is too huge and will lead to a significant inflation in the number of shares.
So, Marvel suffered a particularly severe blow to the company at a time when the entire chip industry was already weak. I'm telling you this because it's important. When a stock falls, you need to know if the reason is the sector, the story, or the company itself.
For Marvel, the reason was primarily related to the company.
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