NYSE:GMS - New York Stock Exchange, Inc. - US36251C1036 - Common Stock - Currency: USD
U.S. Strike on Iran Shakes Markets as War Fears, Chip Tensions, and Weak Data Collide
Keep an eye on the top gainers and losers in Friday's session, as they reflect the most notable price movements.
QXO, Inc. (NYSE:QXO) is one of the 11 Unstoppable Tech Stocks to Invest in. On June 21, Reuters reported Billionaire Brad Jacobs, CEO of QXO, Inc. (NYSE:QXO) made an offer to acquire GMS Inc (NYSE:GMS) for about $5 billion in cash. The Billionaire also threatened the company regarding a hostile takeover if the management rejected the proposal. […]
We recently published Bloodbath on the Street: These 10 Stocks Crashed Hard. QXO, Inc. (NYSE:QXO) is one of the worst-performing stocks on Wednesday. QXO declined by 7.23 percent on Wednesday to close at $21.81 apiece as investors soured on its plans to raise $2 billion through a share sale program. In a statement on Tuesday, QXO, […]
Metals Company upgraded, CoreWeave initiated: Wall Street's top analyst calls
Traders are weighing the possibility of direct US military involvement in the Israel-Iran war, now in its second week.
QXO, Inc. (NYSE:QXO) is one of the Double-Digit Winners: 10 Stocks Crushing The Market. QXO saw its share prices jump by 21 percent to end Friday’s trading at $23.79 versus the $19.66 a week earlier, with investor sentiment bolstered by its proposed acquisition of building products distributor GMS Inc. (NYSE:GMS) for $5 billion. In a statement […]
GMS Inc. (NYSE:GMS) is one of the Double-Digit Winners: 10 Stocks Crushing The Market. GMS Inc. (NYSE:GMS) jumped by 31.88 percent week-on-week to finish at $100.27 versus the $76.03 on June 13, as investors snapped up shares following news that it was being targeted for acquisition by two home building giants. Last week, GMS Inc. (NYSE:GMS) confirmed […]
Barclays analyst Matthew Bouley raised the firm’s price target on GMS Inc. (GMS) to $95 from $71 and keeps an Equal Weight rating on the shares after QXO (QXO) publicly announced its bid to acquire GMS for $95.20 and The Wall Street Journal subsequently reported that Home Depot (HD) has also submitted an offer. With Home Depot making its push towards the Pro and QXO acquiring Beacon earlier this year, “there are clearly two behemoths making a push to consolidate the building products distributio
GMS has received an unsolicited acquisition offer from QXO. The company is reportedly also an acquisition target of Home Depot. There could be upside from here, but investors should be careful, given the discipline of the two companies involved in the potential bidding war.
Crude oil and gold move lower ahead of the weekend.
QXO Inc. won’t raise its $5 billion offer for building products distributor GMS Inc. after Home Depot Inc. reportedly made its own bid.
The market is filled with gapping stocks in Friday's session. Let's discover which stocks are showing gap-ups and gap-downs.
While many analysts on Wall Street have raised their price targets on GMS after The Wall Street Journal’s report that Home Depot may have submitted a competing bid against QXO, RBC Capital said the lack of details “raises questions.”
Companies in The News Are: GMS, COIN, KFY, PEG
Wondering what's happening in Friday's pre-market session? Find an overview in this article.
While Dow Jones futures declined by 0.16% at the time of writing, the S&P 500 futures were down 0.18%.
Home Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building-products distributor, the Wall Street Journal reported Thursday.
As the regular session of the US market on Thursday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
QXO Inc. said it sent a letter to GMS Inc. proposing to buy the building products distributor for about $5 billion.
Mentions: QXO