QXO (QXO) Climbs to 52-Week High on $2.25-Billion Kodiak Takeover

We recently published 10 Stocks Turning Heads With Double-Digit Returns. QXO Inc. (NYSE:QXO) was one of the best performers on Wednesday. QXO climbed to a new 52-week high on Wednesday as investors supported plans to acquire Kodiak Building Partners for $2.25 billion. At intra-day trading, the stock jumped to as high as $27.14 before paring gains to finish the session just up by 16.59 percent at $27.06 apiece. In a statement on the same day, QXO Inc. (NYSE:QXO) said that it inked a definitive agreement ...