When companies get acquired, their stocks usually surge—so why is $LITE crashing -12%? Mellanox announced an all-stock acquisition of Lumentum for $115 billion, exchanging 4.5 shares of $MRVL for 1 share of LITE, with only a 5% premium. MRVL just dropped 5% and was downgraded—any premium has already been erased 😂
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