$Lumentum(LITE)$ I really don't like how the deal was structured, or the timing of it. That said, I don't think MRVL and LITE are going to sit in limbo for 18 months with both stock prices just floating where they are or lower. Once this AI and tech sector correction passes, why wouldn't both of them move higher?
It's been a rough couple of days, but I'm thinking a bit more clearly about it now. The declines weren't driven by anything business related at either company.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
