Bloomberg reports that Marvell is in talks to acquire Lumentum; I'm bullish on $LITE .
Reports say the two sides have entered advanced talks, and a deal could be finalized as early as next week. Binance TradFi perpetuals have seen about $220 million in trading volume over the past 24 hours, peaking at around 1073; the current price is about 944, up roughly 6.6%. These are perpetuals tracking US stocks, not tokenized stocks.
Until the acquisition is officially announced, the price is driven by expectations—if either side denies it or the talks fall through, this rally could fizzle.
#LITE $LITE
Reports say the two sides have entered advanced talks, and a deal could be finalized as early as next week. Binance TradFi perpetuals have seen about $220 million in trading volume over the past 24 hours, peaking at around 1073; the current price is about 944, up roughly 6.6%. These are perpetuals tracking US stocks, not tokenized stocks.
Until the acquisition is officially announced, the price is driven by expectations—if either side denies it or the talks fall through, this rally could fizzle.
#LITE $LITE
