Wynn Jumps on Takeover Talk

Twitter rumors that Las Vegas Sands  (LVS) made a bid for Wynn Resorts  (WYNN) sent Wynn stock rising more than 3% Thursday afternoon. 

Sands was offering a bid between $120 and $125 per share, according to chatter on the social media network. The high end of that purchase price represents a 19% upside from the stock's closing price on Wednesday. 

More from Stocks

Dow Tumbles Triple-Digits as IBM Slumps

Dow Tumbles Triple-Digits as IBM Slumps

WATCH at 11 a.m. ET: Cramer, Canopy Growth's CEO and Constellation Brands' COO

WATCH at 11 a.m. ET: Cramer, Canopy Growth's CEO and Constellation Brands' COO

Tesla's China Gigafactory Is Closer to Reality After Securing 210-Acre Plot

Tesla's China Gigafactory Is Closer to Reality After Securing 210-Acre Plot

Applied Materials Is Still Bearish, Looks Headed Lower in the Months Ahead

Applied Materials Is Still Bearish, Looks Headed Lower in the Months Ahead

Applied Materials Continues to Rise as Analysts Debate Outlook

Applied Materials Continues to Rise as Analysts Debate Outlook