Time Warner (TWX) Stock: Here’s Why It’s Climbing

0

Time Warner Inc (NYSE: TWX)

Time Warner is having an incredible time in the market at the moment. After a relatively normal start to the trading session, minutes ago, the stock started trending up in a big way. Here’s the what’s happening, why it’s happening, and what’s next surrounding TWX.

Trade smarter and make more money with Tradespoon!

What’s Happening With TWX

As mentioned above, Time Warner was off to a normal start to the day. It was in the green, but by no means up anywhere near 10%. However, that has changed quickly. At around 10:55, we started to see high momentum gains on the stock. Currently (11:18), TWX is trading at $91.25 per share after a gain of $8.26 per share, or 9.95%.

Why Are The Gains Happening?

Shortly after the gains started, the CNA Finance team started digging to find the fuel that was causing this explosion. What we found was a great reason. According to recent reports, TWX is currently in acquisition talks. The possible buyers include AT&T Inc (NYSE: T), CBS Corporation (NYSE: CBS), and Viacom, Inc. (NASDAQ: VIAB). According to the recent reports, a deal with one or more of these companies could be announced as early as this weekend.

What’s Next?

Like most investors, I’ve seen several reports like this in my career. While many of these reports prove to be valid, many others are just rumors. The truth is that this report started at WSJ. So, chances are that it is well-researched and likely true. Nonetheless, talks don’t necessarily mean that an acquisition is going to happen. With that said, Time Warner is likely to continue to see gains as investor excitement runs wild in the short run. If a deal is made, of course, the gains will be exacerbated. However, if no deal is made, we’ll likely see big declines, as the concept of a deal happening sent TWX up in a massive way. So, keep a close eye on the developments!

Don’t waste your time! Click here to find winning trades in minutes!

Never Miss The News Again

Get real-time, actionable stock-related news delivered to your inbox free for a limited time. Subscribe to our mailing list below!

Never Miss The News Again!

* indicates required



[Image Courtesy of Wikimedia]

LEAVE A REPLY

Please enter your comment!
Please enter your name here