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QXO Stock Tumbles as RBC Analyst Cuts Target
QXO Inc (NYSE:QXO) shares are plummeting Wednesday after an RBC Capital Markets analyst cut the price target on the stock.
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Stock Market Today: S&P 500, Russell 2000 Fall as 30-Year Yield Hits 5.7%
Stocks fell and small caps slumped Wednesday as the 30-year Treasury yield hit 5.7%, a 24-year high, with Fed minutes and bond auctions ahead.
QXO shares are trading lower after RBC Capital lowered its price target from $27 to $18.