Strength Seen in QXO INC (QXO): Can Its 7.9% Jump Turn into More Strength?

QXO, Inc. (QXO) shares ended the last trading session 7.9% higher at $14.26. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.1% loss over the past four weeks.The company has recorded this stock price increase as it has been benefiting from its financial state, having more than $5 billion of cash and no debt. This is enabling it to pursue high-value M&A opportunities.This company is expected to post quarterly loss ...