Generac Stock Soars on $8 Billion Amazon Data Center Deal

Generac Holdings Inc (NYSE: GNRC) announced a long-term supply agreement with Amazon.com Inc (NASDAQ: AMZN) for backup power generators, valued at up to $8 billion. Initial deliveries are projected to reach $2.4 billion in 2027 and 2028. Following the announcement, Generac's stock surged 37.51% in after-hours trading, reaching $240.80.