When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NVDA - Mellanox And Nvidia One Step Closer But Mellanox Still Fine If The Deal Doesn't Happen
NVIDIA Corporation
There’s been a meaningful “will they or won’t they” discount with Mellanox (MLNX) shares since the announcement of Nvidia’s (NVDA) offer for the company. While discounts to bid prices are normal, Mellanox had until recently been pretty much stuck in a band between $106 and $115 (below the $125 bid price) as investors wondered and worried if the deal would get all of the necessarily regulatory approvals.
Whether China approves the deal is the big remaining unknown, as Nvidia and Mellanox together will have a significant influence over China’s data