money · · Source: Bloomberg
EchoStar Gains on SpaceX Talks; Lumentum, Marvell Reach Deal | Stock Movers
On this episode of Stock Movers: - EchoStar (ECHO) is gaining on news Elon Musk's SpaceX is looking to start a wireless service with Echostar. - Lumentum (LITE) is moving on news Marvell Technology has reached a deal to buy Lumentum at an enterprise value of $115 billion. Lumentum makes lasers and other optical technology for moving enormous amounts of data at high speeds, which underpins the AI boom.