GMS Inc. stock soars 31.88% as acquisition offers from QXO Inc. and Home Depot create bidding war

From Yahoo Finance: 2025-06-22 14:57:00

GMS Inc. (NYSE:GMS) surged 31.88% week-on-week to $100.27 after receiving acquisition offers from QXO Inc. and Home Depot, sparking a bidding war. The company operates over 320 distribution centers and 100 tool sales centers in the US and Canada. Investors are eyeing AI stocks for higher returns amid the bidding war.



Read more at Yahoo Finance: GMS Inc (GMS) Soars 31.88% W/W as 2 Building Giants Engage in Bidding War