NYSE:QXOTrade Distributors
A Look At QXO (QXO) Valuation After Its US$753.2m Follow On Equity Offering
QXO (QXO) has just completed a follow on equity offering of about US$753.2m in common stock, issuing 31,645,570 shares at US$23.80 each, a US$0.10 per share discount.
See our latest analysis for QXO.
The follow on deal comes after a strong run in the stock, with a 30 day share price return of 11.46% and a 90 day share price return of 31.16%. The 1 year total shareholder return of 72.53% suggests momentum has been building over a longer stretch.
If QXO's latest capital raise has you thinking...