BECN shares up after discussions that QXO may acquire it for $11 billion. Also announced strategic investment with Renovate ...

Beacon Roofing Supply, Inc. (NASDAQ:BECN) stock is trading higher on Monday. The company announced QXO, Inc. (NYSE:QXO) may potentially acquire it for $124.35 per share in cash or a total ...

Piotr Swat / SOPA Images / LightRocket via Getty Images Shares of Beacon Roofing Supply (BECN) surged about 7% amid a market sell-off Monday on news that the company was in discussions with ...

Shares of roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) jumped 8.7% in the pre-market session after the company announced talks with QXO regarding a potential acquisition.

StockNews.com began coverage on shares of Beacon Roofing Supply (NASDAQ:BECN – Free Report) in a research report sent to investors on Sunday. The brokerage issued a sell rating on the stock.

Beacon Roofing Supply and QXO have launched discussions about a potential combination in which Brad Jacobs’ company would acquire Beacon for around $7.7 billion. The two sides said Monday that ...

Beacon Roofing Supply (NASDAQ:BECN – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Benchmark in a research note issued on Monday,Benzinga reports.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) stock is trading higher on Monday. The company announced QXO, Inc. (NYSE:QXO) may potentially acquire it for $124.35 per share in cash or a total ...

Truist Financial analyst Keith Hughes maintained a Hold rating on Beacon Roofing Supply (BECN – Research Report) today. The company’s shares opened today at $119.20. Effectively assess a stock ...

Stifel Nicolaus analyst W. Andrew Carter maintained a Hold rating on Beacon Roofing Supply (BECN – Research Report) today and set a price target of $122.55. The company’s shares closed ...