Michael Burry increased his bearish bets Tuesday on several tech and semiconductor names while adding to long positions in a handful of consumer and retail stocks.
QXO is the newest project of serial entrepreneur Brad Jacobs, who has a strong track record of driving outsized returns at prior ventures United Rentals and XPO. The building distribution industry is
QXO, Inc. trades below book value and at a market cap less than its recent TopBuild acquisition, despite assembling a leading building products distribution platform. I see market fears over rates and
QXO, Inc. has completed its $17B TopBuild acquisition, creating an $18B revenue platform with nationwide reach. Despite integration risks and near-term losses, QXO trades below its acquisition price f