Marvell Sinks 13%, Lumentum Jumps 6% on Reported Acquisition Talks; Coherent Holds Flat, Applied Optoelectronics Drops 3% - 24/7 Wall St.

Source: 24/7 Wall St. · 2026-10-29T13:21:24+00:00

Marvell Sinks 13%, Lumentum Jumps 6% on Reported Acquisition Talks; Coherent Holds Flat, Applied Optoelectronics Drops 3% 24/7 Wall St.

BestAIBroker analysis

Finance-aware sentiment: negative (-0.50 on a -1 to +1 scale).
Event classification: M&A.
Market importance score: 43/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.
Symbols referenced: AAOI, COHR.