Category: QXO
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High-Flying QXO Erases $36 Billion in Paper Value in Minutes
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Investor Empires(Bloomberg) — QXO Inc., which boasted an implied valuation of more than $90 billion at one point last week, hurt some investors late Monday when its thinly traded shares fell sharply. Most Read from Bloomberg Shares of the investment firm built by Brad Jacobs plunged 81% to $11.25 each in…