Market update
What happened
QXO, Inc. (QXO) closed the week ended Aug. 7, 2026, at 16.16 USD, rising 21.5% in weekly market data. The chart shows a weekly price path over 52 weeks, not live intraday trading.
The move improved the four-week return to 13.4%, while the twelve-week return remained slightly negative at -1.0%. Confirmation was limited, with the trend signal inactive, Market Dynamics showing pressure at -0.95, and Relative Strength at -26.6.
Turnover was heavy in absolute terms but close to recent norms: 104.1 million shares for the latest week versus a 13-week average of 106.6 million.