QXO, Inc. (QXO) shares fell on Friday, declining 4.14 percent, or $1.03, after the company announced the pricing of its previously disclosed public offering.
The stock was trading at $23.99 after opening at $23.59, compared with a previous close of $25.02 on the New York Stock Exchange. Shares traded between $23.50 and $24.24 during the session. The bid was $23.89 and the ask was $23.90.
QXO said it priced the offering of 31,645,570 shares of common stock at $23.80 per share, with the transaction expected to close on January 20, 2026.
Trading volume rose to about 16.72 million shares, above the average volume of 7.58 million. QXO's 52-week range stands at $11.85 to $26.24.
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