Why Is Beacon Roofing Supply (BECN) Stock Soaring Today
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. According to the press release,
Beacon Roofing Supply (BECN): A High Bid Price Opportunity, According to Jim Cramer
We recently published a list of Jim Cramer Put These 8 Stocks Under the Microscope. In this article, we are going to take a look at where Beacon Roofing Supply, Inc. (NASDAQ:BECN) stands against other stocks that Jim Cramer put under the microscope.
Beacon Roofing Supply (BECN) Receives a Rating Update from a Top Analyst
Truist Financial analyst Keith Hughes maintained a Hold rating on Beacon Roofing Supply (BECN – Research Report) today. The company’s shares
Beacon Roofing back at the discussion table with QXO
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Why Is Beacon Roofing Supply Stock Surging Today?
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 consideration of approximately $11 billion.
Beacon Roofing reverses course on QXO's takeover attempt, weighs $11 billion offer
Beacon Roofing Supply is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO, in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to stave off a hostile takeover attempt.
Beacon Roofing Supply, QXO Discussing Potential Deal
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.
Beacon Roofing in Talks With QXO for Potential $11 Billion Deal
Beacon Roofing Supply Inc. is in talks to be bought by QXO Inc. for about $11 billion including debt after rejecting an earlier takeover approach.
QXO confirms merger talks with takeover target Beacon Roofing
QXO is in talks to buy Beacon Roofing Supply in a deal worth about $11 billion, the companies said on Monday, after the roofing materials supplier repeatedly rebuffed an offer from billionaire Brad Jacobs' firm.
Beacon Roofing Supply Stock Soars as Firm Discusses $11B Purchase by QXO
Shares of Beacon Roofing Supply (BECN) surged about 7% amid a market sell-off Monday on news that the company was in discussions with technology solutions company QXO (QXO) to be acquired for $11 billion.
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Jim Cramer on Beacon Roofing Supply, Inc. (BECN): QXO’s ‘Gonna Win’
In this article, we are going to take a look at where Beacon Roofing Supply, Inc. (NASDAQ:BECN) stands against the other ...
Beacon Roofing jumps after after agreeing to talks with QXO about $11B deal
Beacon Roofing (NASDAQ:BECN) rose 8% after QXO (QXO) and the roofing supply company confirmed talks for a potential Beacon ...
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3 Industrials Stocks in the Doghouse
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But ...
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Noteworthy Monday Option Activity: KTOS, BECN, GEV
Below is a chart showing KTOS's trailing twelve month trading history, with the $32.50 strike highlighted in orange: Beacon Roofing Supply Inc (Symbol: BECN) saw options trading volume of 2,782 ...
QXO extends tender offer for Beacon Roofing until Friday
QXO Inc. (NYSE:QXO) extended its tender offer to purchase Beacon Roofing (NASDAQ:BECN) for $124.25/share  until Friday.
QXO CEO outlines employee-first approach in potential Beacon takeover
CEO, Brad Jacobs, addressed Beacon (NASDAQ:BECN) employees directly in an open letter as the company continues its efforts to acquire the building products distributor. Jacobs emphasized respect for ...