Jul. 8 at 4:54 PM
$QXO As of this morning,
$QXO's and
$BLD have traded down to 50 percent off this year's 2/27/26 highs. At those levels,
$BLD shares are now being converted to
$QXO at
$278.15 a share. :) Imagine the endless litigation, senate inquiries, SEC complaints and investor lawsuits if the
$SPY or
$QQQ's stock fell 50 percent on "accretive" acquisitions in such a short time?
Again,
$BLD's shareholders and employees who got
$QXO shares are getting
$278.15 a share vs. the
$426.00
$BLD closed at just last week or Feb.'s
$550.00 highs. And the employees STILL probably don't have the
$QXO shares in their retirement accounts yet so they can see the carnage.
Makes sense some brokerages already scrubbed the
$BLD,
$BECN charts and history. Good thing Kodiak was private.
This is a horrid look for the financial industry, deal advisors, underwriters, and
$QXO leadership. And to do this to roofing and construction employees is unconscionable-- as if they don't work hard enough. Hope they are made whole soon.
