Generac Holdings Inc. (GNRC) stock is surging +34.47% pre-market after announcing a landmark, long-term supply agreement with Amazon.com. The deal, valued at up to $8 billion, will see Generac provide backup power generators for Amazon’s expanding data center operations. Initial deliveries of $2.4 billion are scheduled for 2027-2028. This strategic pivot expands Generac into hyperscale data center backup power, a significant new market 🔗.
We told you first: This energy play is up +34% premarket today despite Fed’s hike
INVESTING.COMSep 17, 8:49 AM UTC
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