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Bloomberg

EchoStar Gains on SpaceX Talks; Lumentum, Marvell Reach Deal | Stock Movers

Monday, November 2, 2026


EchoStar shares rose after SpaceX announced plans to launch a wireless service in partnership with EchoStar. Marvell Technology agreed to acquire Lumentum Holdings for an enterprise value of 115 billion dollars, according to Bloomberg. Apple shares gained ahead of the company's earnings report on the day of publication, with the stock up 25 percent from its late June low.

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