I discussed this with friends for quite a while: news of Marvell’s acquisition talks sent LITE soaring, while MRVL plunged. A certain news trader has already booked considerable profits on their position.
Over the long term, it’s a positive. Whether it rises in the short term still depends on buying pressure.
Like everyone else, I’m following the news and trying to make sense of it as it comes in. I can’t claim my judgment is especially accurate.
$BTC , 24h -1.28%.

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