Amazon Deal Sends Generac Stock Skyrocketing Late
Generac Holdings revealed a major long-term deal to supply backup power generators for Amazon data centers. Amazon will also get warrants to buy Generac shares, which soared Wednesday night. Generac will provide initial deliveries of generators worth $2.4 billion in 2027 and 2028, but the total deal could be worth up to $8 billion. Amazon … Read more