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Mixed performance across sectors amid Nasdaq decline and tech sell-off

The Motley Fool +1 · ·by G4L

ORCL Oracle Corp
$117.98 -1.51%
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MRVL -0.14% LITE -1.78%
  1. 1The Nasdaq Composite Index fell approximately 1% on Monday.
  2. 2A $115 billion all-stock transaction between Marvell Technology and Lumenum was announced.
  3. 3Oracle shares fell nearly 9% on Monday following news of a $20 billion equity and debt financing goal.

So what's the key point?

The Nasdaq index fell about 1% and Marvell Technology and Lumenum agreed to an all-stock swap. Oracle shares dropped nearly 9% following news that the company plans to raise funds.

Source The Motley Fool +1 · View original ↗

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