Wynn Resorts, Sherwin-Williams, The Valspar Corp, and More: Here’s Why These Five Stocks Are in the Spotlight

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Traders are watching The Valspar Corp (NYSE:VAL) and Sherwin-Williams Co (NYSE:SHW) after the two extended the termination date of their prospective merger to June 21 from March 21. Sherwin-Williams previously agreed to buy Valspar for $113 in cash but needs more time, hence the extension. Given the price action of both stocks, the market is heavily implying that it still expects the merger between the two to go through. 47 and 37 elite funds reported long positions in Sherwin-Williams Co (NYSE:SHW) and The Valspar Corp (NYSE:VAL) according to the most recent 13F filing data.

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