Shares of GoDaddy (GDDY) increased by 14% following reports of a potential takeover bid from Gen Digital (GEN), which saw a decline of 7.6% in its stock. Discussions about the acquisition are in early stages, with no certainty of a deal, and specific terms remain undisclosed. GoDaddy has a market capitalization of .2 billion, while Gen Digital is valued at .7 billion. Shares of GoDaddy's competitor, Wix (WIX), rose by 6.5% in response to the news. Both companies have not commented on the situation.