QXO, Inc. - Common Stock (QXO)

Last week's worst performers include CRCL, HIMS, VG, QXO, CRWV, DUOL, EQIX, EQNR, CF, and EC. Are they in your portfolio?

Jim Cramer likes Marathon Petroleum (MPC), praises strong earnings, and supports Aurora Innovation (AUR) and Toast (TOST) with analyst coverage.

U.S. stock futures are up Monday morning, but only marginally as tensions continue to flare in the Middle East, following American airstrikes on Iranian nuclear facilities over the weekend.

In holiday-shortened week, top performers were: CRCL (+125.53%), COIN (+27.93%), ASTS (+24.43%), CRWV (+23.23%), SYM (+21.39%), RDDT (+19.75%), QXO (+18.36%), JBL (+15.14%), CRDO (+15.03%), and RKLB (+13.79%).

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.”

Home Depot wants to acquire GMS, sparking a potential bidding war with QXO in the construction materials space.

While Dow Jones futures declined by 0.16% at the time of writing, the S&P 500 futures were down 0.18%.

Charles Schwab shares gained 0.2% to settle at $88.40 during the previous day's trading session, while QXO shares fell 1%.

Wolfe Research cited strong organic EBITDA growth potential and acquisition-driven value in the building products distribution space.

The building materials company expects to raise $1 billion from the offering.