Why Did QXO Stock Hit a 52-Week High This Week?

Key Points QXO completed its first big acquisition last year in its bid to consolidate the fragmented building products distribution industry. Analysts and industry observers think another acquisition is near. Apollo Global is leading a new $1.2 billion investment in QXO, and it comes with a telling catch. 10 stocks we like better than QXO › Shares of building products distributor QXO (NYSE: QXO) hit a new 52-week high this week. That came after the company announced a new investment, sparking s ...