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Why QXO Stock Is Down Today
finance.yahoo.com/news/why-qxo-stock-down-today-162055807.html
Key Points
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QXO announced a secondary offering to replenish its cash reserves.
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The company has stated its intentions to be a consolidator, and these deals are a way to raise cash to grow the business.
QXO (NYSE: QXO) is restocking its war chest, but that comes with a near-term hit to…
This story appeared on finance.yahoo.com, 2025-05-21 16:20:55.