QXO is trading 5.4% up at $18.78 after investors overwhelmingly approved its acquisition of TopBuild.
- The deal is valued at approximately $17 billion and is currently expected to close around July 1, 2026.
- Strong shareholder backing has boosted confidence in QXO’s long-term growth prospects and synergy potential.
- The stock is seeing significant pre-market buying interest, outperforming broader markets which are trading only slightly higher.