NewsHK
shares are down almost 43% in 2026, trading at $11 in the early hours of October 8.
This decline follows a drop of more than 46% over the last six months, a period during which the S&P 500 ETF (SPY) gained 18.18% and the Insider Monkey Billionaire Index rose 33.88%.
The stock has lagged the broader S&P 500 index by a wide margin over the last 52 weeks, with market skepticism persisting despite the company's rapid top-line expansion.
The investment case for QXO centers on its aggressive revenue growth.
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