Walmart in talks to buy Vizio for more than $2 billion, WSJ reports

(Reuters) -Walmart is in talks to buy smart television-manufacturer Vizio for more than $2 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Shares of Vizio jumped 36% after the report, while Walmart’s shares were down about 1%.

Vizio did not immediately respond to a request for comment.

(Reporting by Juveria Tabassum; Editing by Shinjini Ganguli)