QXONASDAQ: QXO

QXO's Brad Jacobs has built companies in logistics and other sectors through acquisitions.

NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of QXO (NASDAQ: QXO) concerning possible breaches of fiduciary duty. If you have been a shareholder of QXO since at least JULY 30, 2024 , and currently hold shares, you can obtain additional information here: https://zlk.com/compensation2/qxo-inc-lawsuit-submission-form or contact Joseph E.

QXO, formerly SilverSun Technologies, transformed into a cash-rich entity under Brad Jacobs, aiming to consolidate the $800B building products distribution industry. Jacobs' successful "roll-up strategy" and proven track record in previous ventures like XPO and United Rentals suggest significant potential for value creation. Despite the current housing market downturn, Jacobs sees an opportunity to acquire undervalued suppliers, enhancing profitability through technology and efficient management.

Steve Weiss, founder and managing partner of Short Hills Capital Partners, joins CNBC's “Halftime Report” to explain why he's buying more QXO.

QXO has yet to make an acquisition, but its playbook has had a lot of success. Jacobs' past companies include XPO, United Rentals, and United Waste.

QXO is a planned building products roll-up backed by serial entrepreneur Brad Jacobs. Jacobs has a great track record, but QXO has not yet bought anything.

GREENWICH, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (Nasdaq: QXO) today announced its second quarter results for the three and six months ended June 30, 2024.

GREENWICH, Conn., June 13, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by QXO, Inc. (Nasdaq: QXO), please note that in the third paragraph of the release, the number of outstanding shares of preferred stock referenced should be 1 million, not 219.0 million as previously stated. The corrected release follows.