The Traderszone Network

Published in TZ Latest News 24 August, 2017 by The TZ Newswire Staff

Why Beacon Roofing Supply Stock Jumped 10% on Thursday

Shares of Beacon Roofing Supply (NASDAQ: BECN) closed up 9.8% Thursday, after the company revealed an agreement  to add one of the country’s largest exterior and interior building products distributors to its business. Specifically, Beacon will be buying CRH plc‘s (NYSE: CRH) Allied Building Products Corp. subsidiary for $2.624 billion cash.

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