NYSE:QXOTrade Distributors
Assessing QXO’s Valuation as Brad Jacobs Refocuses on Scaling the Business
QXO (QXO) is back in the spotlight after Brad Jacobs said he will step down from his chairman roles at XPO and GXO to focus fully on scaling QXO into a major building products distributor.
See our latest analysis for QXO.
Despite a modest 1 day share price dip and recent choppiness in roofing demand, QXO’s 1 month share price return of 21.91 percent and 1 year total shareholder return of 25.65 percent suggest momentum is building as investors buy into Jacobs strategic pivot.
If this kind of...