Key takeaways
- On Nov. 2, shares dropped around 13% as the chip designer agreed to buy optical parts maker Lumentum Holdings in an all-stock deal.
- Since its stock began trading in June 2000, it's fallen 55% or more from a record close four other times, going by split-adjusted daily closing prices.
- Each time, a 58% loss was close to the low -- shares fell only about 9% more in the first case and basically not at all in the second.
Marvell shares finished Nov. 5 at $133.55, around 58% below its record close on June 4. After its 2000 and 2006 peaks, the shares needed around 5 and 14 years to reach new records.
See the latest quote, chart and news for MRVL.
