Stocks in Action USA: Beacon Roofing Supply (BECN), Trevi Therapeutics (TRVI), Protagonist Therapeutics (PTGX)

Beacon Roofing Supply (BECN): Acquisition bid drives stock surge! The shares of Beacon Roofing Supply surged after it was confirmed that talks are taking place regarding a merger with QXO . The proposed deal values Beacon, a wholesaler of roofing materials and construction products, at $124.35 per share. Previously, Beacon had rejected an unsolicited bid from QXO of $124.25 per share. QXO, led by Brad Jacobs, the founder of XPO, has been interested in Beacon for some time. The discussions could lead to a nearly $11 billion transaction, valuing...