Beacon Roofing Supply Trading Volume Drops 60% to 161st Rank Amid $11 Billion Acquisition by QXO

On March 24, 2025, Beacon Roofing Supply (BECN) saw a trading volume of $553 million, a significant 60.49% decrease from the previous day, placing it at the 161st position in the day's stock market rankings. The stock price of Beacon Roofing Supply (BECN) increased by 0.04%.

Beacon Roofing Supply (BECN) has been in the spotlight due to a significant acquisition deal. Billionaire Brad Jacobs' firm, QXO, has finalized an $11 billion agreement to acquire Beacon Roofing Supply after a prolonged negotiation period. This deal marks a major milestone for both companies, with QXO set to acquire Beacon for $124.35 per share in cash. The acquisition is expected to have a substantial impact on Beacon's stock performance, as investors anticipate the benefits of being part of a larger entity.