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QXO has been in the news 750% more than usual

Jun 20, 2025, 4:32 PM
-12.04%
What does QXO do
QXO, headquartered in Greenwich, Connecticut, is a US-based software company that specializes in ERP, accounting software, and IT consulting for small to medium-sized businesses. Established as SilverSun Technologies, it went public on March 5, 2004.
QXO has been in the news recently: GXO Logistics' stock increased by over 11% after the company raised its earnings outlook to an EBITDA of $860-$880 million and appointed a new CEO. Additionally, CarMax shares rose 10% following their report of first-quarter earnings of $1.38 per share on $7.55 billion in revenue, exceeding expectations.
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