---
title: "STOCKS | MGM Rises on Takeover Bid Report; SK Hynix Falls on Memory Pullback"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292505375.md"
description: "MGM Resorts International (MGM) shares rose after a report about a potential takeover bid from Barry Diller, according to Bloomberg. SK Hynix (SKHY) shares fell and other memory stocks also declined amid concerns about the sustainability of artificial-intelligence spending. The drop in South Korean trading is likely to weigh on the company’s American depositary receipts as well. Agenus (AGEN) shares moved higher after the company said it is selling up to $3540 million worth of securities."
datetime: "2026-07-13T14:45:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292505375.md)
  - [en](https://longbridge.com/en/news/292505375.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292505375.md)
generator: "portal-rs"
---

# STOCKS | MGM Rises on Takeover Bid Report; SK Hynix Falls on Memory Pullback

MGM Resorts International (MGM) shares rose after a report about a potential takeover bid from Barry Diller, according to Bloomberg. SK Hynix (SKHY) shares fell and other memory stocks also declined amid concerns about the sustainability of artificial-intelligence spending. The drop in South Korean trading is likely to weigh on the company’s American depositary receipts as well. Agenus (AGEN) shares moved higher after the company said it is selling up to $3540 million worth of securities.

### Related Stocks

- [AGEN.US](https://longbridge.com/en/quote/AGEN.US.md)
- [MGM.US](https://longbridge.com/en/quote/MGM.US.md)
- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [03121.HK](https://longbridge.com/en/quote/03121.HK.md)
- [00847G804.US](https://longbridge.com/en/quote/00847G804.US.md)

## Related News & Research

- [A $130 Billion Reason to Buy SK Hynix Stock Now](https://longbridge.com/en/news/296820549.md)
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- [Samsung Unleashes $80 Billion Shareholder Return After SK Hynix's "Buyback Bazooka" To Revive Memory Trade](https://longbridge.com/en/news/296610088.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**