Shares of Wynn Resorts (WYNN - Free Report) gained more than 3.3% in morning trading Thursday after the casino operator became the subject of some unconfirmed takeover chatter on social media.
Nothing has been confirmed, and no specific sources seem to be cited, but the prevailing theory online is that industry rival Las Vegas Sands (LVS) is interested in acquiring the company.
Check out some of chatter on StockTwits:
littlenickysmith shared an idea on StockTwitsTrade_Engineers shared an idea on StockTwitsdevip shared an idea on StockTwits
At this point, it is crucial to remember that nothing substantial is being reported. This very well could be a technical move that is also getting a bump from this chatter.
Investors may want to keep their eyes on this stock, as it would be important to hop on any actual buyout talk early, but for now it just looks like rumors.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Shares of Wynn Resorts (WYNN - Free Report) gained more than 3.3% in morning trading Thursday after the casino operator became the subject of some unconfirmed takeover chatter on social media.
Nothing has been confirmed, and no specific sources seem to be cited, but the prevailing theory online is that industry rival Las Vegas Sands (LVS) is interested in acquiring the company.
Check out some of chatter on StockTwits:
littlenickysmith shared an idea on StockTwitsTrade_Engineers shared an idea on StockTwitsdevip shared an idea on StockTwits
At this point, it is crucial to remember that nothing substantial is being reported. This very well could be a technical move that is also getting a bump from this chatter.
Investors may want to keep their eyes on this stock, as it would be important to hop on any actual buyout talk early, but for now it just looks like rumors.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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