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-0.000953637684212876 -6.09884565485675E-05 4.43552411261392E-05 -9.42548873931719E-05 -0.000510085272951105 -0.000277220257038622 -0.00269458089841548 -0.00129184639780007
Stock impact report

Why Did QXO Stock Soar Today? [Yahoo! Finance]

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than QXO › Brad Jacobs founded QXO (NYSE: QXO) with a vision to build the largest publicly traded distributor of building products in North America. The serial entrepreneur , who co-founded United Rentals and took multiple companies public, sought to unlock opportunity in the $800 billion building products distribution industry. An announcement today that global asset management firm Apollo Global is leading a new $1.2 billion investment in QXO has sent shares of the company soaring. As of 11:45 a.m. ET, QXO stock was trading at the morning high, up 20.2%. Jacobs has made one large acquisition as part of the quest to achieve his target for QXO to reach $50 billion in annual revenues within the next decade, primarily through an acquisition strategy. That deal for Beacon Roofing Supply was valued at about $11 billion and closed last April. Now QXO has a new influx of cash to help with future acquisitions . The agreement announced today is for the Apollo Show less Read more
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