GMS Soars 18.5% on QXO Takeover Bid

On June 20, 2025, GMS experienced a remarkable surge, rising 18.5% in pre-market trading, driven by a takeover proposal from QXO, Inc. The offer of $95.20 per share, representing a 27% premium over its recent trading price, has sparked significant investor interest and market volatility.

GMS Inc. has seen a notable increase in its stock price following the acquisition proposal. This surge is attributed to the 27% premium offered by QXO, Inc., which has boosted investor confidence despite challenging market conditions. The company's strong cash flow and cost reductions have further supported this positive sentiment.

However, GMS reported a 5.6% decline in net sales in the fourth quarter, reflecting economic uncertainties and the impact of high interest rates on demand. Analysts are closely monitoring how GMS will navigate these challenges and the potential implications of the acquisition proposal on its future performance.