Why QXO (QXO) Is Down 6.3% After $1.15 Billion Apollo-Led Convertible Preferred Deal - And What's Next

Simply Wall St.01-06

On January 5, 2026, QXO, Inc. entered into an agreement to issue up to 114,500 Series C Convertible Perpetual Preferred Shares at US$10,000 each, raising up to US$1.15 billion from investors including...

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