QXO (NYSE:QXO) Drops 6.6% on Weak Housing Data, TopBuild Share Supply Caps Market
QXO Inc. ended Friday at $14.40, falling 6.6%. The stock finished just 4.2% above its 52-week low.
QXO Stock Hits $102 TopBuild Gap, 312.5 Million New Shares Trade in Focus
QXO, Inc. jumped 2.8% to $14.99 in Friday’s session, but the late gain left most of the week’s earlier losses in place after four days of declines.
QXO shares up after filing points to Beacon’s share of 2030 EBITDA gains
QXO, Inc. closed Friday at $14.99, up 2.8%. A fresh filing offered the most detail so far on the numbers behind its recent acquisitions. Most of the planned rise in adjusted EBITDA by 2030 needs to come from legacy Beacon, which is set to generate about two-thirds of the increase.
QXO Drops After $17B TopBuild Deal As Investors Weigh Next Moves
QXO Inc. shares dropped hard Wednesday after the building-products distributor closed its $17 billion deal for TopBuild Corp. Investors now face questions on how QXO will handle funding, integration and margins after pushing the deal through.
QXO stock slips as TopBuild cash election turns into 313 million-share supply test
QXO, Inc. fell 3.5% to $17.19 around 11:50 a.m. EDT, after touching $19.50 earlier in the session, as the final election data for its TopBuild Corp. deal shifted attention from approval risk to share supply risk. TopBuild was down 3.5% at $347.35. Builders FirstSource, Inc., a building-products peer, was down 0.6%, while the SPDR S&P 500 ETF Trust was up 0.6%.
QXO stock jumps after-hours on $2.25 billion Kodiak deal
QXO, Inc. surged 16.6% in after-hours action on Wednesday, closing at $27.06, after announcing plans to acquire Kodiak Building Partners for roughly $2.25 billion in a mix of cash and stock. The shares saw a session range between $23.02 and $27.14, with trading volume hitting about 17.2 million.