Stock Track | QXO Inc Soars 13.64% on Bid for Beacon Roofing

Stock Track11-19

QXO Inc's stock soared 13.64% intraday on Monday, following reports that the building products distributor made a bid to acquire Beacon Roofing.

The Wall Street Journal reported that QXO, a leading distributor of roofing and other exterior building products, submitted an offer to buy Beacon Roofing, a major distributor of residential and commercial roofing materials.

Acquisition bids often drive up the acquirer's stock price as investors anticipate potential synergies and growth opportunities from the deal. Details of QXO's offer for Beacon Roofing, including the proposed terms and valuation, were not immediately available.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1119375618?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-19 02:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1119375618","market":"hk","top_or_hot":-1,"title":"Stock Track | QXO Inc Soars 13.64% on Bid for Beacon Roofing","media":"Stock Track","content":"<p>QXO Inc's stock soared 13.64% intraday on Monday, following reports that the building products distributor made a bid to acquire Beacon Roofing.</p>\n\n<p>The Wall Street Journal reported that QXO, a leading distributor of roofing and other exterior building products, submitted an offer to buy Beacon Roofing, a major distributor of residential and commercial roofing materials.</p>\n\n<p>Acquisition bids often drive up the acquirer's stock price as investors anticipate potential synergies and growth opportunities from the deal. Details of QXO's offer for Beacon Roofing, including the proposed terms and valuation, were not immediately available.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | QXO Inc Soars 13.64% on Bid for Beacon Roofing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | QXO Inc Soars 13.64% on Bid for Beacon Roofing\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-19 02:56 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>QXO Inc's stock soared 13.64% intraday on Monday, following reports that the building products distributor made a bid to acquire Beacon Roofing.\nThe Wall Street Journal reported that QXO, a leading ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QXO","symbol_name":"QXO Inc","start_time":0,"source_url":"","article_id":"1119375618","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1119375618","pubTimestamp":1731956176,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"QXO Inc's stock soared 13.64% intraday on Monday, following reports that the building products distributor made a bid to acquire Beacon Roofing.The Wall Street Journal reported that QXO, a leading distributor of roofing and other exterior building products, submitted an offer to buy Beacon Roofing, a major distributor of residential and commercial roofing materials.Acquisition bids often drive up the acquirer's stock price as investors anticipate potential synergies and growth opportunities from","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QXO":"QXO Inc"},"translate_title":"QXO Inc竞购Beacon Roofing股价飙升13.64%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QXO":1},"content_text":"QXO Inc's stock soared 13.64% intraday on Monday, following reports that the building products distributor made a bid to acquire Beacon Roofing.\nThe Wall Street Journal reported that QXO, a leading distributor of roofing and other exterior building products, submitted an offer to buy Beacon Roofing, a major distributor of residential and commercial roofing materials.\nAcquisition bids often drive up the acquirer's stock price as investors anticipate potential synergies and growth opportunities from the deal. Details of QXO's offer for Beacon Roofing, including the proposed terms and valuation, were not immediately available.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1119375618"}