NASDAQ:COKE 30 December 2025 - 7 May 2026

June 10, 2026, 4:17 PM EDT. QXO Inc's Series B Mandatory Convertible Preferred Stock (QXO.PRB) yielded over 6% on Wednesday, based on an annualized quarterly dividend of $2.75. Shares traded as low as $43.41, reflecting a 5.48% discount to its liquidation preference, which is narrower compared to the 18.06% average discount in the Application Software preferred stock sector. The category's average yield stands at 6.68%, per Preferred Stock Channel. QXO.PRB is down about 8.2% on the day, while QXO common shares fell roughly 9.4%. The preferred shares are convertible with a ratio between 2.4737 and 3.0303. This yield and pricing dynamic highlights investor response to market conditions and the stock's relative valuation.