Why QXO Stock Is Down Today
QXO (NYSE: QXO) is restocking its war chest, but that comes with a near-term hit to existing holders.Shares of QXO traded down 10% as of 11 a.m. ET after the building products distribution company launched a new stock and convertible offering.Image source: Getty Images.Continue reading
QXO (NYSE: QXO) is restocking its war chest, but that comes with a near-term hit to existing holders.
Shares of QXO traded down 10% as of 11 a.m. ET after the building products distribution company launched a new stock and convertible offering.
Image source: Getty Images.
